On September 22, 2006, the governor signed AB 2962. This new law amends Revenue and Taxation Code Sections 18662 and 18668, making changes to real estate withholding requirements for all transactions closing on or after January 1, 2007.
Previously, where withholding was required, sellers had to withhold three and one-third percent of the property?s sale price. […]
Archive for December, 2006
Changes to California Withholding Laws Effective January 1, 2007
December 15th, 2006Marin County Absorption Rates
December 7th, 2006Marin County, California sits just north of San Francisco and boasts some of the most expensive real estate in the nation. Last month, the median home price in Marin County again tickled the million dollar barrier, falling just short of that astonishing threshold.
While those of us living in Marin (Mill Valley, […]
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