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Proposition 14. In 1964, the California Real Estate Association (currently named the California Association of Realtors) sponsored an initiative constitutional amendment to counteract the effects of the Rumford Act. [24] A member of the State Fair Employment Practice Commission, the agency which enforced the Rumford Fair Housing Act, asserted ...
Since about 1970, California has been experiencing an extended and increasing housing shortage, [1] : 3 such that by 2018, California ranked 49th among the states of the U.S. in terms of housing units per resident. [2] : 1 [3] This shortage has been estimated to be 3-4 million housing units (20-30% of California's housing stock, 14 million [4 ...
United States portal. v. t. e. Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process. The initiative was approved by California voters on June 6, 1978 by a nearly two to one margin.
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The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...
The '90s star, who made a "pandemic decision" to obtain her real estate license and recently joined the real estate team at Corcoran in New York, opens up about loving her seco… People 20 days ago
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