Legal Q & A by Franco Simone, Esq.
Q: I heard on the morning news that the governor of the state of California declared a state of emergency for California. What that does that mean?
Q: I heard on the morning news that the governor of the state of California declared a state of emergency for California. What that does that mean?
Hello everybody. This month let’s discuss AIRBNBs and how they may relate to the coronavirus (“CV”). Some 40 years ago, cities in California began passing rent control ordinances regulating rents in older apartment buildings, but they exempted all new construction (so that contractors would not be deterred from building new multifamily housing units). Last year,…
DetailsIt’s no secret that public sector labor organizations hate Proposition 13 because it remains one of the few barriers to their unfettered access to our wallets and pocketbooks. Whether in the courts, legislature, initiative measures or “public education” campaigns, their relentless resistance to that landmark initiative has continued unabated for over forty years. Much to…
DetailsAs we make our way through the current crisis, many owners are asking themselves what will happen to all the equity they earned in the last 10 years. The sad truth is that values will drop for the foreseeable future while the pandemic spreads. And after it is all over, we are likely to see…
DetailsDue to the coronavirus pandemic, the San Francisco Association of Realtors (CAR) has banned all in-person property showings and has closed its offices. In addition to realtors not being able to show properties – appraisers, stagers and photographers can’t travel to properties. And, of course, no open houses means no potential buyers.
Over 400 people attended our “Turmoil” seminar in Riverside on February 1st. We looked at all the California charts. Most are extremely positive. California has high affordability which should leave plenty of price movement on the upside. It has the lowest ratios of foreclosures to sales ever which should drive price increases. It also has…
DetailsThroughout history, there have been numerous “Dynamic Duos”. Batman and Robin, Laurel and Hardy (for us oldsters), R2D2 and C3PO and John Wayne and anyone. And of course, the greatest dynamic duo of all times, peanut butter and jelly. But there is another Dynamic Duo that more real estate brokers are beginning to use that…
DetailsThe California Solar Initiative (CSI) Thermal Rebate Program was developed by the State of California as an incentive to help offset global warming gasses related to heating water and pool systems. Natural gas (methane) is known to be a major climate change component as it is roughly 30 times more potent than CO2 and is…
DetailsThe below is an open letter to Attorney General Xavier Becerra, Gov. Gavin Newsom and the Honorable Autumn Burke. Dear Friends: I’m certain this letter will receive no response. Maybe a clerk will read the note and possibly place it on an office meeting agenda. Several years ago, there were devastating wildfires in Northern California. …
DetailsAs social distancing guidelines get tighter in many metro areas, property management companies need to work with tenants and landlords a little differently. There are questions on many landlords minds: What is the likelihood that tenants will move during this time when the economy has slowed down? How are we going to handle renewals when…
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