In May of last year, the United States Supreme Court ruled that home equity theft — the practice of governments taking not just what is owed, but the entire property when they collect a property tax debt — is unconstitutional. Yet almost a full year later, several states have failed to change their laws to comply with that decision. California is one of those states — and by continuing to allow local governments to seize property without compensation, the state will likely face serious monetary liabilities for damages in future lawsuits from wronged property owners. We urge state legislators to...
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Time for California lawmakers to end home equity theft
April 25, 2024
In May of last year, the United States Supreme Court ruled that home equity theft — the practice of governments taking not just what is owed, but the entire property when they collect a property tax debt — is unconstitutional. Yet almost a full year later, several states have failed to change their laws to comply with that decision. California is one of those states — and by continuing to allow local governments to seize property without compensation, the state will likely face serious monetary liabilities for damages in future lawsuits from wronged property owners. We urge state legislators to...