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ACAR Government Affairs Update - May 2020

Government Affairs Update - May 20202 With VP of Government Affairs, Jamie McMillen and ACAR Government Affairs Consultant, Dean DePiero. #ACARNews #FeaturedPosts ​​ #IssuesandLegislation

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COVID-19: Local Government Updates

ACAR’s Government Affairs Department recently reached out local governments for operations updates that may impact the real estate transaction. Below are the responses we have received or researched based on feedback from members. This article will be updated periodically. It is meant to be a...

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Ohio REALTORS Voice Support for Passage of the First-Time Home Buyer Savings Act

Ohio REALTORS President Anjanette Frye offered the profession’s strong support to Senate Bill 139 — Ohio’s First-Time Home Buyer Savings Act — during a press conference on Tuesday at the Ohio Statehouse hosted by the bill’s sponsors Sen. Theresa Gavarone (R-Bowling Green) and Sen. Bob Peterson ...

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Realtors® Release New Vision for Fannie Mae, Freddie Mac Reform

February 7, 2019 With over 400 people on hand for the National Association of Realtors®’ Housing Finance Reform Policy Forum, NAR today unveiled a new vision for reforming the GSEs. As featured speakers for the panel titled “NAR’s vision: A plan for secondary finance shaped in the aftermath of...

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Federal court finds Bowling Green housing ordinance to be unconstitutional

Feb 5, 2019 By Peg Ritenour, Ohio REALTORS Vice President of Legal Services In a case supported by Ohio REALTORS, a federal court has found a Bowling Green zoning ordinance that limits the number of unrelated persons who can legally reside in a single-family home to violate the Ohio...

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Brook Park Eliminates Interior Inspections

At its January 22, 2019, meeting, Brook Park City Council passed 2 ordinances addressing the city’s inspection policies. Ordinance No. 11058-2019 amended Section 1323.03 of the City’s codified ordinances to limit point of sale inspections ‘only to dwelling areas that are in plain view.’ ...

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Tax Win: IRS Provides Clear Test on How 20% Deduction Applies to Rental Income, Exchanges

The Internal Revenue Service has issued final rules on the 20 percent business income deduction (Sec. 199A of the Tax Code) that was enacted in late 2017 as part of the Tax Cuts and Jobs Act. Among other things, the rules confirm that the deduction applies to your business income, as a real...

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Gov. Kasich Signs Home Inspector Licensure into Law

By Scott Williams, Ohio REALTORS Chief Executive Officer The top legislative priority of Ohio REALTORS for more than a decade — home inspector licensure — becomes a reality on March 4, after the measure was signed into law by Gov. John Kasich late last week. The effort to estalish a home...

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Point of Sale Resource Updated

The Point of Sale ordinance list has been updated, expanded, and is now available on ACAR’s website by clicking here . You can find this resource on the Advocacy page as well. The list is meant to be a helpful resource only. As a result of the recent court cases impacting inspection policies in...

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Newburgh Heights Creates Student Loan Assistance Program

At the regular session of Council on Tuesday, December 4th, Mayor Trevor Elkins signed legislation that will provide student loan debt relief to homebuyers in Newburgh Heights. Ordinance 2018-62 outlines incentives and terms by which the Village of Newburgh Heights will fund the program to be...

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