Click below to view the slides from the Tax Reform Presentation at MCAR on 8/13/18 Download [1.83 MB]
Tax Reform Presentation
News
LAMP/septic systems
Monterey County has received final approval of the changes to the County’s Onsite Water Treatment Systems (OWTS)/septic systems requirements. The County Department of Environmental Health is working to update County ordinances to reflect those new requirements. There are significant changes from before. We have posted a link to a summary of changes as well as the […]
NEW! AB 646 Rental Disclosures Act
Heads Up for MCAR Members, As of July 1, 2018 landlords and sellers must disclose if a rental property is located in a flood zone or flood hazard area. AB 646 requires certain information to be included in any new lease or contract renewal. The required information that must be provided to potential […]
Legislative Update
By Scott Dick, Ed.D. (Excerpted from car.org): Friday, June 1, 2018 was the Legislature’s “House of Origin” deadline. Any measure that did not pass over to the other house by that date will not move forward this session. Here are a few highlights from last week, as the Legislature moves closer to summer: Defeated: AB 2364 […]
Update! AB 2364 was defeated!!!
Great news! AB 2364 (Bloom and Chiu) was defeated! It only secured 25 Yes votes, with 36 Assembly members voting No and the remainder Not Voting. All members of the Assembly were present, so those not voting did so intentionally. This was an important victory for our fight to protect future real estate investments and […]
MCAR 2018 Demographics
Interesting demographics to take a look at! MCAR 2018 updated demographics for the Monterey County Area. Download [191.28 KB]
Red Alert on AB 2364!
MCAR Members, C.A.R OPPOSES AB 2364 (Bloom and Chiu), which deters property owners from returning to the rental housing business for 10 years. AB 2364 significantly weakens the Ellis Act by discouraging new rental housing investment and will ultimately make the state’s housing crisis even worse. AB 2364 will be considered by the entire Assembly this week. Action Item Call 1-800-798-6593 and […]
New NAR Ethics Testing Requirement
Change of Code of Ethics Training Requirement From Quadrennial to Biennial The requirement for REALTORS® to complete Code of Ethics training changed to a biennial requirement (every two years) in November 2014 by action of the National Association’s Executive Committee and Board of Directors. This change originated as a recommendation from the REALTOR® of the […]
It is Not Too Late to Influence Congress on Tax Reform
Call for Action Thanks to our members’ engagement, REALTORS have helped positively influence tax reform in some key areas. For example, both the House and Senate have agreed to maintain deductibility of state and local property taxes up to $10,000, and to maintain Section 1031 tax-deferred exchanges in their present form for real estate investments. […]
MCAR Installation Luncheon
The Monterey County Association of REALTORS® and the 2018 MCAR President, Malone Hodges cordially invite all MCAR & AFFILIATE members to attend the MCAR Installation Luncheon. (more…)