WHAT: California Association of REALTORS(R) (C.A.R.) press
briefing/breakfast on 2004 sponsored legislation, including:
AB 2175 (Canciamilla) Condominium Conversion: Homeownership
Opportunities for Tenants
AB 2348 (Mullin) Housing Element Reform
SB 1818 (Ducheny and Hollingsworth) Making the Density-Bonus
Law Work
AB 2702 (Steinberg) Ministerial Approval of Second Units
WHEN: 10 a.m. Tuesday, March 23, 2004
WHERE: California Association of REALTORS(R)
980 Ninth Street #1430
Sacramento, CA 95814
WHY: To meet the challenges of increasing the housing supply and
providing affordable homeownership options for more families in
California -- where less than one in four households can afford a
median-priced home -- C.A.R.'s legislation in 2004 includes four
bills that will improve homeownership opportunities for renters,
increase the supply of second units, reform requirements for low-
and moderate-income housing in cities and counties, and increase
the flexibility and usefulness of the density-bonus law.
Additional legislation sponsored by C.A.R. during the 2003-2004
legislative session will affirm the ability of county recorders
to electronically receive real estate transactional documents for
recording, clean up language in existing statutes regarding
transfer disclosures and disclosures of airport proximity, and
make several improvements in the rules governing sales and
management of common interest development (CID) properties.
Journalists who would like to attend the Tuesday, March 23 briefing at
10 a.m. should contact Mark Giberson at (213) 739-8304.
The California Association of REALTORS(R) (http://www.car.org) is one of
the largest state trade organizations in the United States, with more than
135,000 members dedicated to the advancement of professionalism in real
estate. C.A.R. is headquartered in Los Angeles.
SOURCE California Association of REALTORS
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Related links: http://www.car.org
CONTACT: Mark Giberson of California Association of REALTORS, +1-213-739-8304, markg@car.org
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