URLA Changes Yes, the URLA that you have been using is a-changing. Optional use of the new rendition begins July 1, 2019 (in less than a month) and mandatory usage begins February 1, 2020. Important point to consider. New Lender Loan Information Form There will be a new Lender Loan Information Form. This information was […]
Archive | New Laws
POLICY GUIDANCE UPDATE ON VA REFINANCE LOANS
VA Changes A new Act was passed making some VA changes as of May 25, 2018. The name of the Act: “Protecting Veterans from Predatory Lending.” The Department of Veterans Affairs felt that lenders were refinancing VA loans when the REFI was not in the “best interests of the Veteran.” Go figure. Multiple Factors You […]
Harassment Laws Started January 1, 2019
New Bill SB1343 Expands the number and type of employees who must have sexual harassment education. Currently, employers with 50 or more employees must give the training. By January 1, 2020 California employers with at least five employees must provide sexual harassment prevention training and education to all supervisory employees (at least 2 hours) and […]
Dining And Wining
There Have Been Many Discussions About entertainment and meals deductions under the Tax Cuts and Jobs Act. The answer is different for each. A reference that you might check is IRS Notice 2018-76. Put that in your browser and you have your answers. My understanding is that deductions for entertainment, amusement, or recreation are kaput, […]
New Agency Disclosure Bills
The State Of California In Their Fashion Has Passed Two New Bills AB 1289 and AB2884. They were sponsored by CAR. On both bills the final votes in the Assembly was 80-0 and in the Senate 39-0. Not too much controversy. CAR calls them “clean-up legislation” and they changed large segments of the Civil Code […]
When Is A 3 Day Notice Not Three Days?
Under Current Law A tenant has three days to respond to an Eviction Notice and five days to respond to an Eviction Lawsuit. New law (AB 2343) just signed last month states that weekends and court holidays will be excluded when figuring deadlines. This gives tenants more time in certain filings and according to David […]
2018 Some New Laws From California
2018 New California Laws You can’t smoke or consume marijuana in any way, while driving or RIDING in a car on California Highways. State officials will do more to crack down on misusing disabled driver placards. Next, single drivers in diamond lanes (if I were a king). Minimum pay will be $11.00 an hour for […]