News and Press Releases
Los Angeles City extends Mansionization Ordinance to Hillsides
Mon, 23 Aug 2010 11:42 PM
The City Council has decided that the Baseline Mansionization Ordinance (BMO) will now also restrict the size of hillside homes according to a formula based upon their lotsize. I can give you further details. Call or email me.
City of Los Angeles to Change Landscape Watering Rules
Mon, 23 Aug 2010 11:38 PM
Quoted Directly from the Los Angeles Department of Water and Power Website: "August 2010 Update In June 2009, the City of Los Angeles entered Mandatory Water Conservation, introducing sprinkler use restrictions and shortage year rates that apply to all LADWP customers. On August 18, 2010, the City Council approved changes to the Water Conservation Ordinance, which changes which days of the week and length of time customers may water outdoors with sprinklers. The changes are subject to review by the Mayor and, if approved, will go into effect upon publication, approximately one week after the Mayor's veto period ends." If you need help deciding how you should comply with the new odd-even days system, please feel free to contact me.
Property Tax Reductions
Mon, 23 Aug 2010 11:27 PM
If you or your friends purchased property within the last 5 years, you may have suffered a decline in value of that property.
You could be eligible for a temporary reduction in your local property tax payments.
"In 1978, California voters passed Proposition 8, a constitutional amendment that allows a temporary reduction in assessed value when a property suffers a “decline-in-value.” A decline-in-value occurs when the current market value of your property is less than the current assessed value as of January 1."
Be sure to contact me for the correct forms and comparables information. I would be happy to assist you.