California Moves Toward Streamlined Real Estate Closings with Remote Online Notarization (RON)

California lawmakers have recently given their stamp of approval to remote online notarization (RON). This development puts us on a path toward joining 44 other states that have already embraced this process which can allow for speedier real estate closings. Pending the expected signature from Governor Gavin Newsom, the bill, known as SB 696, is poised to reshape the real estate landscape in the nation's most populous state.

A Unanimous Decision

SB 696 received unanimous support, passing with a 39-0 Senate vote and a resounding 78-0 approval by the Assembly on September 7. This overwhelming consensus underscores the critical need for modernizing…

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On August 31st, Los Angeles Mayor Karen Bass announced that a state program awarded the city a $99 million grant for four new affordable housing projects. This monumental funding was made possible through the Strategic Growth Council, a government entity that collaborates with various public agencies to tackle economic, health, transportation, and other vital issues.

The grant is part of the Affordable Housing and Sustainable Communities Program, a flagship initiative that consistently provides funds to the Los Angeles Housing Department. This year the program is contributing a total of $157 million to the city of Los Angeles, with $99 million dedicated to creating 466 affordable units in Downtown L.A., Koreatown, Crenshaw, and Historic South…

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