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News
Tuesday, May 21, 2024ADU's & Appraisals: Good ROI, By Searchlight Lending
There's some great news and updates on the value-add of ADU's; with homeowners receiving an 18-35% increase in home value by building one, according to the Casita Coalition. New guidelines from the FHA (Federal Housing Authority), include ADU-specific requirements for appraisers to accurately account for the market value and potential rent generation of ADU's. More and more appraisers are becoming familiar with ADU's and they now have the ability to increase the type, location and age of comparables. With
Thursday, May 09, 2024Build America, Buy America Act Federal Aviation Administration (FAA) Compliance and Waivers in the Spotlight
Published: April 26, 2024 While contractors incur the extra costs involved, agencies have slowly begun to implement Build America, Buy America Act Pub. L. No. 117-58 (“BABA”) requirements after the final Office of Management and Budget (“OMB”) guidance was released last October in response to Executive Order (“EO”) 14005, Ensuring the Future Is Made in All of America by All of America’s Workers. This article highlights how the FAA is implementing BABA requirements and waivers under those authorities. As
Thursday, May 02, 2024Legal Alert: New Federal Trade Commission Rule on Non-Compete Agreements – 16 CFR Part 910
On April 23, 2024, the Federal Trade Commission (“FTC”) issued its final rule banning nationwide a large majority of non-compete agreements, with a few, limited exceptions (the “Rule”). The Rule not only renders future non-compete agreements unenforceable, but it invalidates existing non-compete agreements for many workers. Set to become effective 120 days after publication in the Federal Register – most likely in late August 2024 – the Rule has the potential to significantly impact employers in the
Thursday, February 01, 20242024 California Contractors License Law & Reference Book
Significant changes made to streamline book Sacramento, CA – The 2024 edition of the Contractors State License Board (CSLB) California Contractors License Law & Reference Book (Law Book) is now available. CSLB is pleased to introduce a streamlined law book that includes essential information for the California construction industry. The Law Book can be purchased directly from the publisher, or the online PDF version can be viewed or downloaded at no cost on the CSLB website. CSLB has reviewed and made
Thursday, January 18, 2024Civil Rights Department Publishes Updated ''California Law Prohibits Workplace Discrimination and Harassment'' Poster
Government Code section 12850 and related regulations require all California employers to display the “California Law Prohibits Workplace Discrimination and Harassment” poster in a conspicuous place where employees gather. The Civil Rights Department published an updated version of this poster that includes information about protections for employees taking bereavement leave or leave for reproductive loss. It also contains information about prohibitions against discrimination based on an applicant’s use of
Tuesday, January 02, 2024CSLB Reminds Licensees of New Laws Beginning January 1, 2024
Sacramento, CA – Heading into 2024, the Contractors State License Board wants to remind licensees of new laws taking effect in the new year.SB 630 (Dodd) This bill requires CSLB licensees and applicants to provide an email address, if available, when they obtain and renew licenses. The email addresses are not subject to disclosure under the California Public Records Act. This bill also authorizes the Registrar to automatically reimpose license revocation when probationary conditions placed on a license are
Tuesday, December 06, 2022Contractors with No Employees Face New Workers' Compensation Requirement
A new law will require almost all contractors in California to carry workers’ compensation coverage, regardless of if they have employees or not. According to the author of the bill, State Senator Bill Dodd (D-Napa) the new law was necessary due to the tendency of many small contractors to claim they have no employees, when in fact they regularly hire day laborers or undocumented workers. Since a firm with only an owner and no employees is not required to carry workers’ comp coverage, those workers would
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