New Real Estate Laws in 2014: Dozens of new California laws that either directly or indirectly impact real estate transactions and REALTORS® will go into effect in 2014.

The California Association of REALTORS® legal department has released a summary of these laws including:

  • New requirements for smoke detectors;
  • Construction defect litigation will be included in the Transfer Disclosure Statement;
  • New disciplinary action for Broker Record tampering;
  • New consumer protections against prepaid rental listing services;
  • Increased insurance requirements for structural pest control;
  • Landlords will be required to provide utility rate schedules to tenants;
  • Revised billing statement for HOA documents;
  • Condominium manager exemption from the state contractors law; and
  • Local code enforcement officers will be authorized to determine if housing is "substandard."

For a complete summary of new real estate laws please click here.  

NOTE: You will need to log-in to the C.A.R. website to review the summary