Thanks to member engagement, REALTORS® have helped positively influence tax reform in some key areas. Both the House and Senate have agreed to maintain deductibility of state and local property taxes up to $10,000 and to maintain Section 1031 tax-deferred exchanges in their present form for real estate investments. BUT OUR WORK IS NOT DONE. We …
On March 21, 2017, Governor Doug Ducey approved amendments to the Arizona Revised Statues (Section 1. Section 41-4028) and signed House Bill 2072 into law. It shall now read: [more …] Any person engaged in installing manufactured homes, mobile homes or accessory structures and licensed in an appropriate category by the registrar of contractors pursuant …
By: Suzanne Brown, Director of Community & Government Affairs On May 23, 2017, the Scottsdale City Council, in a 7-0 vote, approved the new REALTOR® supported text amendment for the Temporary Signs portion of the city’s sign ordinance. The Scottsdale Area Association of REALTORS® (SAAR) has been working diligently with city staff and the …
As we approach the 2017 REALTOR® Legislative Meetings in Washington D.C. (May 15-20); we are preparing for all of the issues of critical importance to be discussed with our Members of Congress. Several issues have emerged which if enacted through legislation, will be highly disruptive to real estate markets across the nation. Among the most prominent issues …
YOUR VOICE HAS BEEN HEARD! Due to an overwhelming response from Scottsdale’s REALTOR® community, the efforts of SAAR’s Government Affairs Committee and collaborations with REALTOR® champion council members, agenda items 16 and 17 regarding sign ordinance text amendments have been pulled from the agenda for this Tuesday’s council meeting (3/21/17). The proposed modifications to the …
On May 13, 2016, Governor Doug Ducey signed into law SB 1350, which prohibits municipalities from banning the listing and use of short-term rentals. 1 Prior to SB 1350, short-term rentals were essentially “flying under the radar” in most areas of the Valley, including Scottsdale, which prohibited less than 30 day rentals. Despite city ordinances, …
On February 5, 2016, the National Association of REALTORS® (NAR) reported that the US House of Representatives unanimously passed the “Housing Opportunities through Modernization Act” – also known as the “Condo Bill” – with a 427-0 vote! The Act includes three major provisions supported by the REALTOR® association: The legislation solves a number of concerns …
Thanks to our over 100 members who responded to our Call for Action regarding the Desert Discovery Center, the Scottsdale City Council voted 6-1 on January 11th to approve Resolution No 10261 as amended. The meeting on the evening of January 11th, was long, heavily debated and host to a packed house. Speakers ranged from …
On December 17, 2015, the Fountain Hills City Council voted 6-0 in approval of granting a 3 year extension to their A-Frame and Banner Sign Ordinance. This is great news for local businesses and REALTORS® who utilize A-Frame signs! Previously, the sign ordinance was up for an annual review and only granted a one-year extension. Based …
Congress passed sweeping legislation on December 18, 2015, that puts an end to many of the stop-gap funding measures known as “Continuing Resolutions,” an Omnibus appropriations bill and a tax extenders package. This more than two-thousand pages of legislation has given Commercial Real Estate some major wins. The President is expected to sign this into …
