Housing and real estate group says Calif. judge’s final decision in lead paint case will hurt home values
- Created on Tuesday, 21 January 2014 13:43
The Los Angeles County Boards of Real Estate, which represents private property rights in Los Angeles County, argues that the ruling will send home values “in a freefall” throughout the county, and cause a “ripple effect” resulting in less money for schools, police services and other vital programs supported by property taxes.
The final ruling by Kleinberg affects about 2.6 million homes in Los Angeles County and an estimated 5 million statewide.
“This could precipitate the worst plunge in California home values since the housing crash of 2007,” said Giuseppe Veneziano, president of LACBOR, adding that the ruling will have “frightening consequences.”
- Created on Monday, 30 December 2013 15:18
Recently a number of our members began receiving emails like the one below. It looks official and could temp one to click on the email attachment especailly if you have an open eviction or other law suite in action.
DO NOT OPEN THE EMAIL ATTACHMENT!!! It contains a virus and will contaminate your computer.
You may forward this to as many of your friends as you like.
Notice to Appear,
Hereby you are notified that you have been scheduled to appear for your hearing that
will take place in the court of Washington in January 15, 2014 at 09:00 am.
Please bring all documents and witnesses relating to this case with you to Court on your hearing date.
The copy of the court notice is attached to this letter.
Please, read it thoroughly.
Note: If you do not attend the hearing the judge may hear the case in your absence.
Clerk to the Court.
- Created on Wednesday, 18 December 2013 17:39
Shares of paint makers slipped Tuesday after a California judge ordered three companies to pay $1.1 billion to 10 cities and counties in the state so that lead can be removed from millions of older homes.
Those companies are NL Industries Inc., The Sherwin-Williams Co. and ConAgra Grocery Products Co., a unit of packaged food maker ConAgra Foods Inc.
Santa Clara County Superior Court Judge James Kleinberg found that those companies marketed paint they knew was harmful to children. Full Story
- Created on Tuesday, 26 November 2013 13:26
Most rental houses in the U.S. are owned by individuals, or small, local businesses. Culpepper's landlord is part of a new breed: a Wall Street-backed investment company with billions of dollars at its disposal.
Over the past two years, Colony American and its two biggest competitors, Invitation Homes and American Homes 4 Rent, have spent more than $12 billion buying and renovating at least 75,000 homes in order to rent them out.
- Created on Tuesday, 05 November 2013 14:40
Eight years ago, Joseph Yeomas was 2 years old, sitting on the front porch of his Rochester home and playing with his toys, when he ingested lead chips or breathed in its dust.
On Friday, a state Supreme Court Justice awarded the now-10-year-old Joseph $525,000 for the injuries he suffered in that rental home, a property that had been owned by Ibero American Action League, Inc. since the 1970s, according to the boy’s lawyer.
- Created on Monday, 28 October 2013 21:48
Ritchie Enterprises Inc., a Sullivan, Mo., company doing business as PuroClean Emergency Restoration Services, has agreed to pay a
$30,000 civil penalty to settle allegations that it failed to use proper lead-safe work practices during the restoration of a home built in 1891 near New Haven, in violation of the Renovation, Repair, and Painting rule (RRP).
Federal lead-based paint regulations exempt emergency repair work in some cases, but Ritchie Enterprises continued working on the house long after the emergency had passed without complying with the RRP rule.
- Created on Thursday, 27 June 2013 16:04
$650,000 of the $800,000 was awarded as punitive damages. Housing attorneys expect to see a spike in bedbug lawsuits.
A woman who lived for more than eight months in a bedbug-infested apartment in Annapolis has been awarded $800,000 -- twice what she had sought -- after her lawyer said landlord repeatedly failed to correct the problem and evicted her. Read More