STOP ASSEMBLY BILL 980 RIGHT NOW BEFORE ITS TOO LATE!

STOP ASSEMBLY BILL 980 RIGHT NOW BEFORE ITS TOO LATE!

September 8, 2007

Your property rights have just been hijacked by the California Legislature.

Assembly Bill 980 is NOT about disclosures -- its about taking away chunks of your equity, downpayments, money in escrow, and much much more! By default this Bill CREATES TRANSFER FEES WHERE NONE EXISTED BEFORE.

This BAD Bill pushed by industries like the California Association of Realtors and various Builder and Building lobbies have just injected themselves into your BANK ACCOUNTS.

While the public has been asleep at the wheel, Assemblyman Calderon and his brother Senator Calderon just about seem to have it all wrapped up. The votes in the Assembly. The votes in the Senate.

All these special interest lovers, have EXEMPTED homeowner associations from this Bill and a host of others -- THAT MEANS anyone who owns property in a common interest development with a homeowner association IS SUBJECT TO RUNAWAY COSTS AND FEES.

The way Assembly Bill 980 is written, the FEES run with the land. Meaning , your heirs will pay these fees over and over and over again as long as you own that damn piece of property. It means the money will be taken out of YOUR BANK ACCOUNT and given to a third party -- ANY third party. WORST: You won't be able to dispute any of this once this bill gets signed. Nearly every property in California will be lumbered with BOGUS FRAUDULENT TRANSFER FEES.

Every transaction you make with your property will be subject to MORE FEES. Once this Bill passes you will lose control of your property and this will happen so fast you'll be shocked -- but it will be too late for you to stop it.



YOU MUST HELP ME STOP THIS BILL!



SEND A MESSAGE TO SACRAMENTO TODAY:



WRITE THE GOVERNOR NOW: Tell him to VETO THIS BAD BAD BILL.

Governor Arnold Schwarzenegger FAX: 916-445-4633.

Address: State Capitol

Sacramento, California 95814


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