2022 Legislature
The DRE's New Real Estate Laws 2022
Beginning on July 1, 2022, AB 838 requires that a city or county inspect a property if it receives a complaint about lead hazards or substandard living conditions. Upon inspection, it will have to advise the property owner of violations and required remedies and then re-inspect the property. Along with other provisions, AB 838 provides that an inspection not be conditioned on a tenant being up to date on rent or other factors. Inspection fees cannot be charged unless substandard conditions or lead hazards are found.
AB 948 creates the Fair Appraisal Act. Every sales contract for real property made after July 1, 2022 must include a notice stating that the property appraisal must be unbiased, objective, and not influenced by specific factors (race, color, religion, gender, sexual orientation, marital status etc). The notice will include information on actions a buyer or seller can take if they feel their appraisal has been affected.
AB 1466 changes the Restrictive Covenant Modification process. Among these changes are increasing types of people and entities that can request a modification, expanding current notices to include information on how to request a modification, and requiring that professionals involved in property sales inform buyers and sellers about an existing restrictive covenant and increasing their duty to help in filing a modification.
