The California Association of Realtors has strongly opposed AB 2204 (De La Torre), which would require county lawyers to review every deed and other related documents, like CC&Rs, and remove obsolete, illegal and unenforceable restrictions from historic title record in connection with a transfer of property. County recorders would have to charge as much as $1,000 per transaction and the bill would not protect anyone from discrimination.
Existing law already invalidates any provision in a deed of real property that restricts the right of a person to lease, rent, sell, or occupy the property based on race, color, religion, sex, marital status, national origin, ancestry, familial status, disability, source of income, or sexual orientation.
After more than 1000 REALTORS® called their Senators to oppose the bill, and after reflecting on the enormous cost of imposing these new requirements, the committee decided to to take no action for the time being. C.A.R. learned Friday afternoon that the committee will only meet once more before the end of the month and it is not likely they will vote on the bill. If AB 2204 is not brought up, it will "die."
This is great news for REALTORS® and their clients!
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