New Laws Affecting California REALTORS®

This summary provides only a sampling of the more significant laws affecting REALTORS®. For a more complete list, please see our “2017 New Laws” posted at car.org. Laws Effective Immediately Team Name Advertising,  Broker’s License Number is Optional: As of August 30,...

Court Rules CFPB Structure Unconstitutional

The District of Columbia Court of Appeals has ruled that the “concentration of enormous power” in the hands of a “single, unaccountable, unchecked director” is unconstitutional and has, among other things, struck from the Dodd-Frank Act a clause that...

CFBP Expands Foreclosure Protections

Earlier this month, the Consumer Financial Protection Bureau (CFPB) finalized measures that should help struggling borrowers. The new rule, most of which takes effect 12 months from publication (some parts in 18 months), provides certain borrowers with foreclosure...

CAR Realegal: Deducting Rental Losses

Real estate professionals must materially participate in their rental activities in order to deduct rental losses according to the Ninth Circuit Court of Appeals which interpreted Internal Revenue Code § 469 in Gragg v. United States of America; Internal Revenue...

CAR Legal App Now Available for Download

C.A.R. members can access the Association’s Legal Hotline information using a FREE smartphone app. The app connects members to the Legal Hotline, Customer Service, social media quick links, and so much more.  Now the app also provides estimated waiting times for the...
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