Archive for September, 2011

1544 Stanford Ave. – Redondo Beach Open House Sunday 1-4pm

Sunday, September 11th, 2011

This beautiful move-in ready 3 bedroom Redondo Beach home is a must see.  Stop by this Sunday between 1-4pm and see it for yourself. Click here for the the complete listing details for 1544 Stanford Ave.

California AB 771 Signed by Governor Jerry Brown

Thursday, September 8th, 2011

California AB 771, which prevents buyers of common interest developments (CID), such as a condominiums or townhomes,  from being charged excess document fees was signed into law by Governor Jerry Brown. Homeowner Associations (HOAs) are required to provide documentation about the CID structure, operation, and management of the HOA. This information must be provided to the home buyer at a “reasonable fee,” typically $75-200. However due to a court decision in 2007 HOAs are allowed to delegate the documentation to a third party that is exempt from any fee limits. These third party providers often charge fees as high as $1,000 for a bundle that includes the required documents.