BiggerPockets Daily 1390 - A New California Law Just Increased Regulations On Home Flippers by Jeff Vasishta
Aug 4, 2024
California has just upped the ante for house flippers with a new law mandating detailed disclosures on property repairs within 18 months of purchase. Gone are the days of simply slapping on a fresh coat of paint; flippers must now be transparent about any underlying issues. This move aims to protect buyers in a challenging housing market, shedding light on the legalities affecting real estate investments. The motivations behind the law and its larger implications for local investors add depth to this critical discussion.
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