Laws & Taxes

Laws & Taxes

Register Vacant Property: It’s The Law

In an effort to keep Atlanta beautiful, Atlanta’s Code Enforcement Section is urging vacant property owners to register those properties with the City.

Register Vacant Property: It’s The Law

Under Article VI of the Housing Code, The City of Atlanta’s Code Enforcement Section of the Atlanta Police Department requires that all vacant properties be registered. Owners have 60 days from the date in which the property becomes vacant to register the property, 90 days to register a transferred vacant property. Registration is $100.00 per vacant real property.

Georgia Department of Community Affairs awards $25.8 million in tax credits to develop workforce...

The Georgia Department of Community Affairs (DCA) announced today it will award $25.8 million federal housing tax credits to construct or rehabilitate 33 affordable rental housing properties located throughout the state. The developments include affordable housing for working families, housing for Georgia seniors and housing for persons with disabilities, and were selected from 75 applications in the annual competition.

Georgia on Pace for Record-Shattering Year in Solar Installations

With its new, forward-looking Solar Power Free Market Financing Act set to become law on July 1, Georgia is expected to have its best year ever for new solar installations in 2015, according to the recently released U.S. Solar Market Insight Report compiled by GTM Research and the Solar Energy Industries Association (SEIA).

Estimated Amount of Sanitary Sewer Overflow at Broad Creek Wastewater Pumping Station

The Broad Creek Wastewater Pumping Station in Ft. Washington experienced excessive flows on Saturday during the heavy rainfall which resulted in a Sanitary Sewer Overflow (SSO) totaling approximately 370,000 gallons

Georgia Real Estate Investor Pleads Guilty to Bid Rigging and Fraud Conspiracies at Public...

A Georgia real estate investor pleaded guilty today for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Georgia, the Department of Justice announced.

Price Votes to Repeal the Death Tax

Congressman Tom Price, M.D. (GA-06) issued the following statement after the House passed a full repeal of the Estate Tax, more popularly known as the Death Tax

TIME TO END THE DEATH TAX’S HOLD ON FAMILY BUSINESSES, FARMS, AND RANCHES

Congressman Sanford Bishop (D-Georgia), Congressman Kevin Brady (R-Texas), U.S. Senator John Thune (R-SD), and Senator Charles Grassley (R-Iowa) are calling on Congress to permanently repeal the federal estate tax, which takes up to 40% of a person’s property (cash, real estate, stock, or other assets) that he or she leaves to his or her children. Also referred to as the “death tax,” it punishes success and traditional American virtues of hard work and thrift. According to the Tax Foundation, repealing the estate tax would create 39,000 new jobs and boost federal revenue

MERS Wins in Eleventh Circuit and in U.S. District Court of Georgia

Reston, Virginia - July 23, 2014 - (RealEstateRama) -- MERSCORP Holdings, Inc. today announced two recent decisions from the United States Court of Appeals for the Eleventh Circuit and the United States District Court for the Middle District of Georgia, upholding MERS’ authority to assign security deeds as the grantee of record

Mayor Reed Responds to Second Misleading AJC Column On Public Property Vending

ATLANTA - October 30, 2013 - (RealEstateRama) -- Mr. Wingfield, you wrote today that I “can’t handle a little criticism, or the truth.”

State Properties Commission Releases Request for Proposal for Multi-Year Lease Agreements

November 27, 2012 - (RealEstateRama) -- On election day, the citizens of Georgia approved ballot question #2, allowing the State Properties Commission to enter into multi-year lease agreements. This proposal is estimated to result in significant savings to Georgia taxpayers and was supported by the GAR State and Local Government Affairs Committee. Throughout the process, GAR has worked closely with the General Assembly and leadership of the State Properties Commission to ensure transparency and a competitive market based implementation.

Bill to Eliminate Portion of Cherokee Property Taxes Moves Forward!

ATLANTA, GA - March 16, 2012 - (RealEstateRama) -- The Georgia Senate has passed a local homestead option sales tax legislation authored by Senate Majority Leader Chip Rogers. This plan could eliminate the County portion of the property tax for Cherokee homeowners

Proper ID Required to Renew Real Estate License

December 7, 2011 - (RealEstateRama) -- Effective January 1, 2012, the Georgia “Illegal Immigration Reform and Enforcement Act of 2011” requires all applicants for real estate licensure or appraiser classification, and those applying for renewal of an existing license or classification, Appraisal Management Companies, Instructors, and School Directors to submit to the Georgia Real Estate Commission (GREC):

Georgia Department of Banking and Finance’s Order to Cease and Desist Issued to Home...

Atlanta, GA - October 28, 2011 - (RealEstateRama) -- On October 27, 2011, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Home Rights Advocates, Inc. located at 2550 Sandy Plains Road, Suite 225-271, Marietta, Georgia 30066 became final.

Westmoreland Votes to End Unnecessary Housing Program, Return $1 Billion to US Taxpayers

WASHINGTON, D.C. - March 17, 2011 - (RealEstateRama) -- This week, the House of Representatives voted to terminate the Neighborhood Stabilization Program, saving $1 billion of taxpayer money. The Neighborhood Stabilization Program was created in the 2008 Fannie Mae and Freddie Mac bailout bill and allocated federal taxpayer dollars to state and local governments to purchase, renovate, rebuild, and resell abandoned and foreclosed property.

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Mayor Kasim Reed Advances $380 Million in New Transportation Infrastructure Spending...

Mayor Kasim Reed announced today that the Atlanta City Council has voted 13 to 1 to approve a measure to put a special local option sales tax (TSPLOST) referendum on the November ballot to fund transportation related infrastructure projects throughout the City of Atlanta. The ballot referendum will ask Atlanta voters to authorize a 0.4 percent sales tax increase for a five-year period. The TSPLOST is projected to generate approximately $260 million, which will be leveraged to generate additional matching funds.

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HUD ANNOUNCES DISASTER ASSISTANCE FOR GEORGIA STORM VICTIMS

U.S. Housing and Urban Development today announced HUD will speed federal disaster assistance to the State of Georgia and provide support to homeowners and low-income renters forced from their homes due to Hurricane Irma.