All tagged california real estate

House Flippers Now Required to Disclose Repairs Under New California Law

The landscape of California’s real estate market is on the brink of a significant transformation. With the enactment of Assembly Bill No. 968 (AB-968) on July 1, 2024, homebuyers are set to benefit from increased transparency and protection against undisclosed property conditions. This groundbreaking law mandates that house flippers disclose all repairs and renovations performed within 18 months of acquiring a property. Here’s how AB-968 aims to protect consumers and its broader impact on the real estate market.