Real Estate

Prop 19 Brings Significant Changes to California Property Tax Assessments

On November 3, 2020, California voters approved Proposition 19 (“Prop 19”). Prop 19 brings major changes to California property tax assessments, namely (1) changes to the parent-child exclusion; and (2) changes to the base year value transfer for certain property owners.

California’s Eviction Ban Is Set to Expire

Following Governor Newsom’s executive order (N-38-20) authorizing local governments to halt evictions for renters affected by the COVID-19 pandemic[1], the Judicial Council of California, in April 2020, took action and approved temporary emergency rules in response to the pandemic, including Emergency Rule 1. Emergency Rule 1 essentially suspended all commercial and residential evictions across California by prohibiting California State Courts from issuing a summons on any unlawful detainer complaint, except when it is necessary to protect public health and safety.