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Proposed law could stop gouging of condo, townhouse owners

Original post made on Aug 19, 2011

The California Association of Realtors is sponsoring AB 771, a state bill that would prevent home buyers in a common interest development (CID), such as a condominium or townhome, from being charged excess document fees.

Read the full story here Web Link posted Friday, August 19, 2011, 12:00 AM

Comments (2)

Like this comment
Posted by Homeowner
a resident of Another Pleasanton neighborhood
on Aug 19, 2011 at 7:30 am

If realtors really want to stop the gouging, they should stop charging 6% in a near monopolistic market


Like this comment
Posted by AR
a resident of San Ramon
on Aug 19, 2011 at 9:59 am

That rate is not set in stone. It is negotiable.


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