Real Property Law

Cal. Real. Prop. Journal 2019, VOL. 37, NO. 4

Table of Contents

Message from the Editor-in-Chief…………………………………..3
By Misti M. Schmidt

MCLE Self-Study Article: Is the Popularity of Short-Term Rentals Sustainable, or Will Regulations Weaken Their Current Stronghold?………………………………………4
By Whitney Hodges
While the staggering popularity of Short-Term Rentals (STRs) may appear to be a clear path forward for vacation rentals, the future of STRs in California is far from certain. Moreover, the emerging regulations related to STRs are complex and constantly evolving. This article provides a broad overview of the considerations a real property owner may encounter when contemplating whether to establish an STR.

The Problem of the Assignment of Deed of Trust……………………………17
By Andrew Noble
Mortgage services frequently record an assignment of deed of trust as part of the non-judicial foreclosure process. But the assignment does not accomplish what its text suggests it does, nor what many attorneys and courts think it does. This article explores the problems caused by recording an assignment and suggests an alternative found in the California Commercial Code that is less prone to confusion.

Coping with COPA………………………………………..24
By Patricia J. Hartman and M. Brett Gladstone
San Francisco has recently become one of the first US cities to give nonprofit housing providers a right to purchase certain residential apartment buildings before they go on the market. The Community Opportunity to Purchase Act (COPA) became law on June 3, 2019, and as of September 3, 2019, "Qualified Nonprofits" received a first right to purchase certain multi-family residential real property in San Francisco, provided the property is maintained as rent-restricted affordable housing in perpetuity.

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