REAL ESTATE DOCUMENT FEE DEFEATED

We were primary member of the coalition that defeated SB 391 (DeSaulnier-D), a bill that attempted to impose a $75 fee for recording real-property documents.  The bill, an attempt to generate funds for affordable housing, was a regressive tax on real estate as it did not have nexus to the funded activities.

© 2007-2012 Building Owners and Managers Association of California (BOMA Cal)