All Forum Posts by: Jonn Vidal

In many states, the last month's rent is or at least was an addendum to "security deposit" so much so that most renters no matter the state will tend to still ask to apply their remaining amount on deposit (last month deposit, NOT security deposit portion) to their 'last month' - yet CA landlords are now well as of since July 2023 going forward, prohibited from applying ANY deposit to the unpaid last month, thus Newsom is giving all tenants who don't care about their credit a FREE LAST MONTH EVERY TIME THEY MOVE OUT if they make the case that their security deposit cannot lawfully be applied to the last month of rent in arrears?!.

Furthermore, now even lavishly furnished apartments, thanks to Newsom, will be limited to being secured only with a SINGLE month of security deposit in CA which CANNOT be applied to 'normal wear and tear' of furniture either, so if the tenant in a furnished apartment never pays their last month of rent but wears and tears down all the furnishings, it seems landlord would still have to give back the 'security' deposit on move-out, not being able to apply the 'security' deposit to last month of rent in arrears NOR the worn and torn furnishings?!

There goes the neighborhood.. and furniture, likely!

www.costar.com/article/249461865/jury-finds-brokers-conspire...

A jury in Kansas City awarded almost $1.8 billion in reimbursements to Missouri home sellers who accused the National Association of Realtors and some residential real estate brokerages of unnecessarily driving up the cost of home sales because of their long-running practice of buyer and seller agents splitting commissions.

The more than $1.78 billion awarded by the jury will be trebled, or effectively tripled, so the damages total almost $5.4 billion, pending appeals. Two defendants said they plan to appeal while another is considering doing so.

Jury Finds Brokers Conspired To Inflate Commissions, Awards Missouri Home Sellers Almost $1.8 Billion

How did I get here?! Anyways so what Natalie said up there is just its a temporary exemption on 6+ freshly planted fruit trees intended to not tax you for improvements (Fruits trees) before they produce.

Has anyone actually gotten "a few thousand in Property tax reduction" simply by planting 6+ fruit trees, or just a temporary reduction in assessed value based on the cost of the multiple fruit trees being exempt from counting as an improvement (temporarily) called an "ORCHARD"??

At first i thought the OP was saying just planting 6+ fruit trees on your property makes it an ORCHARD; rather than adding 6+ trees being an Improvement called an Orchard!

In your state is there a $500 customary credit to buyer for waiving disclosure like in NY and I think CA?

https://original.newsbreak.com/@headline-honeypot-1866166/33...

Night of Horror in Katy: Three Dead, Two Injured in Airbnb Rental Shooting

Does your US state REQUIRE practising licensed agents/brokers to be members of a REALTORS® trademark brand/board?

Is it true MLS can fine brokers for any of its agents not having a paid REALTOR® endorsement??

What about in  other countries is there such a thing besides the licensing body usually department or bureau???

 

'UNLICENSED CONTRACTORS' by definition.

Most listings (on MLS/redfin) have been groomed for the market (or at least their pics have been) and besides estate/relocation sales, are by flippers themselves!

Flippable property are usually deferred maintenance / fixer/handyman specials not yet on the MLS so how to find them? Door knocking, cold calling, and those annoying 'Will buy your house for cash!" letter offers that are usually 50% or less the most recent sale price.

Anyone get a straight answer from property insurers regarding insuring improved property comprised of solely legal non-conforming buildings?

Some insurance companies have told me they don't insure LNC buildings cause 'replacement' wouldn't be a straightforward process, as there's usually no detailed record of such grandfathered buildings' layouts in the records to permit re-building following a fire, flood, quake, etc.

Others have said at least in while securing quotes, it's a non-issue.

Surely they both can't be correct!?