Santa Cruz Real Estate's Blog: Real Estate law changes in Santa Cruz and California

 We agents have had this dilemma at different times in our careers. This is about the 3rd cycle like what we are facing that I can remember. Sure things are a lot worse all over, but many will remember the Resolution Trust Company the government had to set up to take over banks and sell homes- assets.

The problem many face are what to do with an tenant in a rental. Santa Cruz California has rental laws locally and statewide that offer protections for renters. It is murky waters when a tenant gets served a notice that the house is being foreclosed on. The tenants are innocents in this situation. The pay their money on time ( hopefully) and have in exchange from the landlord (hopefully) a safe and suitable place to call home.

So what does one do and how…

California Property management and undocumented aliens- California AB 976

In California, we have many undocumented aliens. Right or wrong as it maybe that they are here, they do work that many others don’t or won’t do. They often bring their culture with them and are a valuable part of California life. Because of cultural differences and a reasonable fear of authorities, many live a cash existence. This has some good and bad consequences, namely they do not establish a credit history, which most landlords rely on in evaluating the decision to rent. The plus side is, they don’t have the credit card debt that most Americans have. As a landlord you have to balance many factors in deciding to rent your property. You want a good quality tenant who is…

Condominium Homeowners Associations and common Interest Developments are affected by SB 528

One of the new bills that went into effect this year in California ( SB 528) affects common interest developments ( CID’s) and the homeowners associations’ meetings. CIDs range in size from 4 to 27,000 units. These developments include condominiums, planned unit developments ( PUD’s), community apartment projects, and housing cooperatives. There are more than 41,000 CIDs in the state, which make up over four million housing units, which is about one-quarter of the state's housing stock.

Any member of the association (owner of a unit or home) has the right to attend the meetings. While there are some portions of the meeting that are not available for all to…