Real Estate Law News and Insights

In the City of Los Angeles, the "Homelessness and Housing Solutions Tax" (Measure ULA), commonly referred to as the "mansion tax," went into effect on all qualifying real property transfers on April 1, 2023. Prior to Measure ULA, all real estate transfers in the City were subject to a City...

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1. Court of Appeal says co-insurance all risks policy does not cover contractor for defective work The Rugby Football Union took out a Joint Names All Risks Insurance policy for works at Twickenham Stadium. Power cables forming part of the works were damaged and had to be replaced and the...

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Local governments—generally counties—impose property taxes on real estate pursuant to state law. Sometimes called ad valorem taxes, these property taxes are set based on the assessed value of the property. When a landowner does not pay their property tax, the law allows the county to foreclose on the property and sell it...

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