California law has CHANGED - Tenant Protection Act/AB 1482 - Guide for Landlords and Renters
HTML-код
- Опубликовано: 9 июн 2024
- There are BIG changes to the Tenant Protection Act, AB 1482, as of 4/1/24 thanks to SB 567. In this quick guide for California renters and landlords, we cover the biggest changes related to terminating tenancies for owner move in and for remodeling or demolishing properties. If a landlord doesn’t follow the rules, there could be stiff penalties! And stick around to the end for a sneak peek at the new forms for terminating tenancies under the new AB 1482 rules!
📺 How Much Can Rent Be Increased? 👉 • How much can rent be r...
📌 Link to AB 1482 sample form and newsletter sign up 👉 www.wireassociates.com/ab1482/
📌 Join thousands of others in subscribing to the WIRE Associates weekly newsletter to get the latest housing market data for buyers and sellers every two weeks, plus access to foreclosure data, info on eviction moratoria and much, much more 👉 www.wireassociates.com/newsle...
🏠 ➡️ Don’t BUY or SELL in SoCal without clicking here first…no pressure, no obligation assistance from us 👉 www.wireassociates.com/contact/
📌 Join me in the Fractional community…learn, then earn! Invest when ready! 👉 www.fractional.app/r/reicw
🏠 ➡️ Thinking of BUYING or SELLING anywhere else in the US? The best agents are right here 👉 homeandmoney.com/christian/
📌 Sign up here to find and track foreclosure homes across the nation at FORECLOSURE.COM 👉 geni.us/foreclosure
📌 Track housing market statistics anywhere in the US! Altos Research Reports link, sign up for your neighborhood now! 👉 www.wireassociates.com/reports/
📌 Sign up to have actively listed Southern California short sales and foreclosures - single family, multifamily and land - delivered to your inbox 👉 geni.us/ForeclosuresinSoCal
Subscribe on Social
INSTAGRAM: / wireassociates
FACEBOOK BIZ PAGE: / wireassociates
TWITTER: / wireassociates
LINKEDIN: / christianjwalsh
PINTEREST: @wireassociates
ADDITIONAL RESOURCES:
website: wireassociates.com
COVID19: www.wireassociates.com/covid19
AB1482: www.wireassociates.com/AB1482
Opportunity Zones: www.wireassociates.com/opport...
Email cw@wireassociates.com
* GEAR WE USE & OTHER RESOURCES**
www.wireassociates.com/resour...
This is not meant to be a solicitation of a property currently under contract. This is not meant to be legal or tax advice, please consult with the appropriate professional. We are licensed to sell real estate in California (if you need help elsewhere, we can help find a good broker, let us know), CalRE # 01804983. Berkshire Hathaway HomeServices California Properties (# 01317331)
Remember when you click, I may receive a small commission at no extra cost to you. As an Amazon Associate I earn from qualifying purchases. I only recommend products and services that I've used or have experience with.
#WIREassociates #TenantProtectionAct #AB1482
![Rich Dunk (Ft. DaBaby) - BIG DAWG [Official Video]](http://i.ytimg.com/vi/Pz2ewsSKAEM/mqdefault.jpg)
This will benefit big companies because smaller landlords will more likely fall victim to predatory squatters. They have less in the way of discretionary funds, and will more likely be forced to sell at a loss.
Guess who will buy them?
This law is by design to benefit the bigger companies...
I'd be willing to put money on this law having been written in its entirety by the big investment companies. Not many people realize that plenty of laws are actually written by special interest groups and just handed to politicians (that they most likely donated to *cough*bribed*cough*) to introduce.
@@Tangent360
I agree. We need to investigate these people that write for politicians. This needs to become full disclosure...
bingo!!!!!!!!!!!!!!!!!!!!!!!!!
Black rock, Zillow are buying up properties…
Own nothing and be happy
You are right. Just like Mulholland did when he squeezed out the Farmers. He cut off their water so he could buy their land cheap. It’s the same thing for Mom and Pop. Landlords. Insane fees. Inspections with new inspectors that don’t know what they’re doing can be very costly.
I moved in to a 1 bedroom apartment for $700 a month in 2014 and our landlord only raised our one time $50 in over five years. Then he sold it to an investment realty property llc and they raised our rent from $800 to $1600! I asked them why and they said because they’re going to add wood floor laminate and new kitchen back splash to all the apartments to be considered luxury apartments so they would be justified in charging that much! So we moved and the next place raised the rent 10% every year and when we asked why they raised the rent whenever possible they said because they feared they wouldn’t be able to double the rent if the market demanded it so this way they can guarantee yearly rent increase regardless if they needed to do it. So all this cap is doing is causing landlords to automatically raise rents for fear of not being able to raise it when they need to. It basically did the opposite because now landlords will never not raise your rent. 🙁
Yep. That's been my experience.
I'm sure their taxes and high insurance plus handyman prices.. were a factor... even the gardener raises prices
Everything the government does makes it worse. Best odds in the house.
"raising rent" to just do it because they can is called 'price gouging '.
@@WillyB-bg5rm exactly and the prices aren’t going down just up every year, every single year
Thank gawd I sold my rental properties in California and got my family and business out 16 years ago!
Exactly, so glad we left, California is doomed.
@@LJSiarwe left California in 2016 for Florida. Less government intrusion, Quality of life is so much better
Where’d you go to?
Still holdin out here in California in the repub strongholds
Still making millions... 🤣
@@jobturkey7418 I have about a year or so before the wife and I can bail from this tail spin the state is in. Looked every where from South Dakota, Indiana where the daughter is, Kentucky, Tennessee etc its tough to find the perfect LZ to land. Its unfortunate California used to be a really nice place and now its a disaster politically, regulatory, and economically.
California needs to pass the property rights act for landlords
True!!!
I agree. It also pisses me off that since there is an epidemic issue with squatters; WTF the State of California created and passed a bill in the Assembly to give landolrds the right to yeet gotdamn squatters from illegally occupied dwellings.
Another bill that is WAY overdue to be created and passed is the fact that there are people who literally steal property from individuals...they go to City Hall with forged ducuments stating they own the property...and STEAL IT from the legal owner. I can't believe how TF they get away with this crap. Every single county in every state should institute a way to verify if the "new ownership" is legal. Too many people have had their property stolen from them because of a lack of due diligence on the part of City Hall not giving AF whether the person coming in the file papers regarding said property is legit or not....but they expect the legal owner of said property to STILL continue paying PROPERTY TAXES.
That would only happen in Florida (Red State) once I retire I'm heading that way...
California is completely doomed, no hope. RUN!
Most definitely! Getting harder for landlords to operate in California.
Sounds like the homeless should occupy the governors mansion and use these crazy laws to stay.
😆
Start signing up for junk mail in the names of serial squatters at the home addresses of problematic legislators and advocates.
@@mwatercress great idea. The names alone would be funny. Homey Less, Ima Grinch, Sassy Squatter, Fran Dissen, 😂
@@StarwaterCWS Elizabeth Hirschhorn, Garrett Doty, Jamison Bachman.....
@@mwatercress LOL!!!
Something needs to be done immediately for those of us in senior mobile home communities. I live in Valley Center in such a community, and our rents were raised as of April 1, 2024 from $955 to $1,600/month. This is insane and is causing many residents to panic. Our home values will crash just to enrich greedy grandsons of the original owner. It’s absolutely immoral, unjust and should be illegal.
Don't know your exact situation or the grandsons however current law allows them to inherit a property at the stepped up value to sell it... which they are basically being forced to do because the government has been chipping away at the prop 13 tax breaks for years... So now the Grandson must pay a whopping increase in property taxes which they must pass on to the renters or move into the property themselves to preserve the tax break... So talk to Noosem and the Democrats about that pressure for rents to increase because Property taxes are sometimes going up over 300 percent on an inherited rental property.
Taxes are not the only thing going up, so is insurance. Unfortunately, this gets passed onto the renter.
My understanding is that the property is in a trust that exempts from any stepped up basis. So no, you are wrong. Absolutely no one reigns terror on these residents like these leeches and their management.
Wow. That's a $700 gain. More than half of the original rent. Go get a lawyer.
That’s what happens to us, investors are buying them from private owners and doubling rents and making them fake luxury apartments. The government is allowing this to happen so that the can start agenda 2030 and build high density urban smart cities with surveillance and “sustainability” and you own nothing and be happy.
I was born in California and just had to deal with squatters in one of side of my duplex. Unbelievable the way California laws are protecting these dirtbags. Lost like this or why California has a severe housing shortage. They will not regulate themselves into enticing more landlords to rent.
Sorry that happened!
@@WIREassociates By eroding property rights and punishing landlords, California's housing problems will worsen. Now that I live out of state, I have no voice to stop the state from constantly passing more rent-control laws, further undermining both housing supply and development..
Many CA left to find better deals out there.
@@tr1bes If they are left minded, need to stay in CA! We didn't need that mind set in other states to run that state! We left CA bc the liberal mind set ruined CA that used to be Red!
@@tr1bes Yep, they leave California with statewide rent control and move to state without it because the housing is more affordable.
The real name is “screw the landlord act”.
Amen!
It's the "stop screwing tenant act".
Pretty simple. But a new unit, no laws. Pay it off in 15 years then it should generate cash easy without having to blast people's rent up ridiculous amounts each year.
@@coreyburke3493 im on board. I dont like landlords
I wish landlords would stop screwing people over by raising rent prices, it's unacceptable
@@joshuabuchanan1141 Then move. It's super expensive to run a rental property. Profit margins are typically only around 5% or less.
I really appreciate the lack of bias and editorial opinion here. Just laying out the important changes - great reporting.
Thanks for watching and noticing!
Are the Real Estate tax be controlled? Are the HOA be also prohibited to increase fees? Same for the insurance companies that are charging 3 times more money for less coverage?
You have to give proof of how you’re related to a family member moving in but back when people were not paying their rent during Covid they specifically called out that the tenant did not have to provide proof of their financial hardship. This state disgusts me. Thanks Gavin.
can you start listing the names of the people passing these bills and laws?
California the only name you need to know, DEMOCRAT!
Get rid of your governor!
Because of this I will never not raise rent. Over the last 20 years.
I rarely did raises but now I will be forced to in order to keep up with increased taxes, Insurance, Maintenance costs and crazy government interference.
What’s next landlords will have to pay for renters vacations .
Yeah, anything is possible in this clown state.
California needs to pass the landlord protection acts
For every bunch of great tenants, there are also horror tenant stories (I have witnessed a few trashed sites ).
I had a tenant in Texas that I evicted for non-payment of rent and they were so angry they tore out the electric meter, which I had to replace. Yeah, there are tenants from hell lol
They should raise the property taxes if you are a landlord.
@@Powpow1946Completely unjustified.
@@Powpow1946we already pay out of our pockets for a large portion of people who don’t know how to live as a decent human being. This is why government didn’t take and control all property a long time ago.
Tell me is there a cap for property taxes? Because as a landlord, you are in the red and can’t get more money to pay those taxes.
There is. Prop 13 caps annual property tax increases to 2% or less.
@@WIREassociates A permit can trigger a reassessment and they can raise it much more than 2%. Same with any sale.
@@WIREassociates Prop 13 was voted in by California voters in 1978 by nearly a 2 to one margin. Proposition 13 (or "Prop. 13") rolled back most local real estate assessments to 1975 market value levels, limited the property tax rate to 1 percent plus the rate necessary to fund local voter-approved bonded indebtedness, and limited future property tax increases to a maximum of 2% per year. A reassessment is triggered during a title transfer or new construction.
SELL SELL SELL. California is DOOMED.
Property Tax is legalized theft.
Increase risk to landlords. Increase cost to tenants. Period.
It’s like the government says one thing and causes another, how could that be 🤡
Exactly, enjoy your sky high rent ya bums
There is no risk to landlords by closing loopholes to evict tenants and circumvent law.
This is only good for corporation ownership.
@@Horace1993 there is huge risk when you have to jump through hoops to evict a tenant who's not paying rent and destroying your property on top of it. Get ready for a shortage of rental property and higher rent. Where do you think the increase in price from the higher risk is going to go other than to the tenants?
My family has land in San Diego, and wants to “develop” it into low income housing… I told them to NOT to do it because California is not landlord friendly 😢😢😢 they would have a headache!
Actually low income housing, if done correctly, could be exempt from these regulations.
@@WIREassociatesof course.
Darth Newsom: I have altered the deal. Pray I do not alter it further! LOL@@WIREassociates
Low income housing specially for senior citizens is such a joy to manage. I never had problems with any subsided property. What scares most landlords is the low income housing for families as dealing with families is much more intense then dealing with seniors. But both are easy to run.
@@lilcricket4379 I laughed! So true right! Reading these comments is driving me crazy.
My mom had a double lot property in Berkeley and she was lucky enough to lease to Teachers. Since they were under contract, she only needed 5 leases to fill the mortgage.
Did she pay off that mortgage ASAP? I wouldn’t touch Berkeley with someone paying me, what a joke.
@@home17able Berkley is really nice, dude. I have been there since SF really blew up during the pandemic. But Berkeley was heaven on Earth from the 90s to the 2010s, to be sure.
These politicians are going to cry when they run out of tax revenue from property values, businesses, and sales tax revenue.
These laws are ridiculous.
I would never own rental property in California.
Thanks for your information
The more protection is mandated, the less motivation landlords have, especially for smaller landlords that don't have access to legal services. Tenants equal to headaches. Those bills are the reasons landlords don't want to lease to tenants
I have a rental in California. My tenants are currently paying about 50% of the going market rate I'm one of those awful Landlords that has in over 10 years never raised their rent. When current tenants leave I probably will not rent it out again. My guess is this law will ultimately result in a reduction in affordable housing.
If there is not a lease then they are no longer landlords.
This explains whyy landlord did massive remodeling during covid while lumber was very expensive
Now they can raise rent however high they want?
Awesome, even less protections for a landlord and more protections for tenants. Landlords get less and less in the state, no wonder people are leaving, haha.
Yes. Please get out.
@@hardtjoshua I know right? God forbid you treat an adult like an adult and give anyone consequences, can you imagine the nerve?
Makes a lot of sense!
We need more Rental houses! So, let’s make it to where people don’t want to be a landlord!!!
@@dunemejust buy the property to park cash and create a tax shelter. Better than risking to buy and rent it out.
Yeah, you should really leave and sell that house you’re renting out so families can own homes again…
At this point, why would you even invest in California or New York!?!?
There's a price where the properties will pencil...even with these tough laws.
Thank you, excellent information!!
Do the contracts really mean anything anymore? If someone decides to stop paying after a month then you have to go thru an eviction process that could take up to a year and then you have to pay people to leave.
Thanks Christian and Michelle and WA crew
Much appreciated, All Nighter! This one did well on TikTok, too...over 200k views! Are you on there?
@WIREassociates I am, as The Financial Logitician. Haven't posted in a while, was having trouble uploading. Been sticking to YT for my video updates. Channel has been growing too
Pay attention renters and pay your rent and get along with your landlord.
Haha nothing helps greed. I have paid my rent 3 months ahead and still have landlords try and pull underhanded tactics to squeeze more money. It's gross. I'm sure your a good landlord ,but these laws are for all the 90% of the bad ones.
Pay attention landlords and don't take advantage of your tenants
That door swings both ways. There are some real bad landlords that almost take delight in making the renter's lives pure hell.
@@hawna123👏👏👏yeah! And 80% of landlords are greedy jerks.
When I paid my rent, my property manager Fred insulted me, harassed me and bang my door. Next month I didn’t pay anything- he stopped harassing and was nice. Go figure! Men are weird
I'm 71 years old and living in the same apt for 19 years. Would you be able to explain to me the legal aspect of renters here in Aurora, Colorado. Please help. Thank you.
It's still the same problem with high rent. What's the difference!
Thanks for your excellent video .
Thanks, Jorge!
question: what if the property manager misrepresented that the property was exempt from the rent cap addendum and raised rent more than the allowable 10% and in actuality, the property was not exempt? The property in question is a SFR more than 15 years old and is owned by a stock corporation. Thanks in advance!
Discuss with an attorney ASAP, there are now penalties for this...
I am renting a back house and lease is already over i am month to month now my landlord that she needs the unit because her brother and are moving,she gave a written notice 1 month to vacate the place and she scheduled already people to clean the unit.is it legal what she did?what if I didn't find a place for 1month?😊
Do you know a property lawyer in Aurora, Colorado? I need to talk with them regarding my stay here in my apt for 19 years. Please respond. Thank you.
So now I should just kick out current renters, jack the rates to current, rinse and repeat every 2-3 years or so?
In LA City- What about a SubS with sole owners? Is the rent increase capped? And what about owner wanting to move in to house after renovation?
What is the property type? House, condo, duplex, or bigger?
what about the criminal hoa price gouging?
I am so glad I sold my CA apartment buildings and bought properties in the Mid West and Great Plains.
So why are you here then?
How about commercial real estate?
GREAT information Christian. Thanks 4 sharing! To bad homes and condos are EXEMPT. Bummer. Those owners can charge increases as much as they feel like it. SAD for sure.😮😮😮😮😮
Do that and investors will sell to non investors and rental supply will decrease further. It will not drive down SFH purchase price as sales inventory is low in CA as well. Renters would be shooting themselves in the foot.
Not "as much as they feel like" but only as much as someone is willing to pay. Then that creates an incentive to build more housing and keep rents at appropriate levels for the economy.
In setting a maximum rent increase, did the state also just set the minimum increase as well? I would think so in many cases
Minimum increase would be no increase.
Greed.. lots of greed, I know of someone who committed suicide in the house, as the sheriffs arrived to evict them. Death over homelessness😢 Sad but I can understand that choice🙏🏽😞😢
Just curious about AB2216 what means in plain English
Can you ask a landlord to remodel an apartment and are they required to install handicap accessories if you've been there for years and now need them? (Bath railings, walk in tub etc.)
They aren't necessarily required to install, but need to allow YOU to install.
Im on the bonds program are they allowed to get your bank statements. I live in California tenant base income apartment s
Yes, there are some programs that require turning in paperwork like this annually.
Very useful information! I need to do substantial remodeling in Pomona, CA. Any contractor team you recommend?
Thanks! Yes, my father-in-law is a GC and can help...reach out here 👉 www.wireassociates.com/contact/
Why would a landlord want you to fill out a tenants personal and credit information form after you've already been renting for several months
Did they ask for it when you moved in?
Do you have an opinion about properties participating in the Section 8 program?
Steady income and most rents are very good.
Do not do Section 8. Been there. Done that. Tenants destroy the property.
Serious question if a landlord or HOA company has been repeatedly shown that they have multiple safety and security incidents at one of their accounts including multiple felonies and people getting hurt over the course of several years , when /are they liable for not conducting thorough background checks or adequate security and allowing through negligence their property to become more and more dangerous???
Definitely discuss this scenario with an attorney.
Question: we were served with a 60 day notice. The cause is because the owner now hired a lawyer to handle the owner's trust. So it seems the owner or lawyer has a just cause under 1482. But because 'no fault of ours', would we be able to receive relocation assistance? The reason given to us is because the lawyer stated that the owner is in need of 24 hr care and that the property would need to be sold. Thank you in advance.
Btw. We have been a tenant in the residence since December 1997 to date.
What is the property? House, condo, duplex? And what city? These things matter. Selling is NOT a no fault, just cause reason to terminate a tenancy.
Doesnt matter if the property is selling, the lease sells with it. If they're making you move, you really dont have to.
I think that is a just reason. The fellow doesn’t have capacity anymore. Maybe you can make a deal if you want to stay.
Tenants are still being forced to sign arbitration agreements when they renew their leases. So how will the court have any influence to protect the tenants?
Unlawful detainer actions will still be through the court.
Hi, does the landlord have to provide the form/application? Landlord is going to demolish the units. I have only been told i need to move out verbally. 14yrs tenant
Yes, you need proper written notice. Check your local laws to see if there are special requirements for the landlord when demolishing.
How does it work for like an ADU where the ADU is 1 year old but the main building is 15+ years old
ADU would be exempt and the house would not...
How about when /Family/ bumps Senior Family renting from other Family?
I can’t thank you enough, Christian for navigating these past 3 yrs, for us, renters. I’ve learned so much and have survived my situation, and it’s because of you. Thank you 🙏
Same for me
I'm trying to help my daughter navigate the TPA and I can't tell you how much this has helped. I still want to know who the "teeth" are. I was astounded after reading the original TPA and then talking with Maya Rosas that although it says the City will enforce, they absolutely do not. Whose door and phone should we be calling to get help if one can't afford a fancy lawyer? She's a single mom trying to live and the landlord is making her life miserable and super stressful and the landlord is absolutely in violation of several sections. We need help!! Fast!! AG's office? I'll probably never get an actual person on the line😢. Suggestions are much appreciated.
Signed,
Worried Mom
Much appreciated and glad I could help!
@sarawest7075 Try Legal Aid in the area where the property is located to see if they can help.
How does this work if, the renter is getting told to leave because the HOA is forcing the owner.
Need an attorney for this...
Christian thank you for sharing this. Can you help me (us) in Aurora, Denver, Colorado. I live in Laredo House Apts (Inspire Company). I live here for 19 years. There are many things I believe illegal charges forced me to pay. This building is over 50 yrs. I need help if you could get legal documents for the apartments in Aurora, Denver, Colorado. Please help. Thank you.
Since a landlord can be exempt if they occupied one of the two units, is this true for 3 or 4 units were the landlord lives in one of the units ?
No, only duplexes have this possible exemption, nothing bigger.
Does that box need to be marked on the rent cap and just cause addendum notice to know that my condo is exempt? What happens if I don’t sign it?
Yes, if it's an exempt property, the box needs to be checked on the RCJC. A landlord should sign, it's not required that the tenant signs.
When you rent a place, are the tenants required to submit bank statements of all the accounts besides the pay stubs and W2? Thank you for your time.
Yes, to prove your income and ability to pay. Some even call employers to verify that you indeed have a job.
Each landlord could have different requirements, but that's not an unreasonable ask (as long as every prospective renter is asked for the same thing).
may i ask you A quick question for apartment build in 1980
can landlord increase rent for example ' the current rent is $1500 '
the landlord served his 60 days notice to increase from $1500 to $1600
Most likely that is fine, since it does not appear to exceed AB 1482 limits, unless there are lower local rent increase limits.
@@WIREassociates
Thank you 🙏
Served a 60 day noticed , on a month to month lease. Said the termination is because they are selling the house . Is this just cause ?
No, selling is not a valid just cause reason.
All cities in California or any states with high cost of living should have rent control.
So i received a letter of exemption of rent cap .. does this mean the landlord can raise the rent to whatever they want .. they just raised our rent this year ny 5 percent
If the property is truly exempt, then yes, there's no cap to a rent increase.
There should be rent freezes US wide!!!!this is still crimminal. The fact that NO ONE can afford rent and everyones being forced to live in their cars is crimminal.
Does this work for rooms you rent in your home?
It can, but you should discuss the situation with an attorney.
So Single Family home in San Francisco is not covered?
It should be exempt from AB 1482, but there may be a local ordinance in place...you'll need to double check that.
If it’s exempt do you still need to give a 60 day notice to month to month tenants ?
Wait, Houses in SF are usually “older than 15 years”; so why is it exempt...?
What should a renter do if their landlord goes against these new changes?
Reach out to your local Legal Aid office for assistance.
I’ve already seen enough in my life with having rental properties in CA that I’ve already made the decision to sell all the free and clear real estate assets I am inheriting. Gonna invest it in other forms of investments.
Interesting...what will it be that you invest in?
Now are properties taxes subject to the same limits of increase a year?
Yes, Prop 13 caps annual increases in property taxes at 2%.
Sorry that's not so good. 5% on $2000 is a lot of money and then 5% every year give me a break. That's a joke.
Q: If you're remodeling say the kitchen & flooring, and you're exempt & gave proper notice prior to April 1, and it's not enough for pulling a permit, then can you still get them out without paying?
If the unit is subject to the Tenant Protection Act, then that's not really a valid notice...
Rents will get higher to compensate for the landlord's extra expenses. Lose lose law and situation
Why can't they make fire ins affordable and limit the percentage they charge. Mine went up $2700. In one year.
CA tenants think landlords have too many righs . Landlords think tenants have too many rights.
I rented a home for 16 yrs. Never late on my rent even during covid and I was evicted because the unit "required" substantial remodeling. I was told by the property manager that the landlord simply wanted me out because he wanted to rent the unit at the current market rate. I found out the hard eay this is known as a "no fault" eviction.
Question: If a condo or a home is 15+ years old, are they still Exempt? 👀👀
Yes, condos and homes are typically exempt from AB 1482 no matter what the age as long as there isn't a corporate owner (and the exemption language is given).
Thanks Christian for clarification. @@WIREassociates
@@WIREassociatesI am reading that you must still notify the tenant the rental is exempt prior to a lease (after a certain date (within the last few years) and that the tenant must be “notified in writing the property is not subject to the Tenant Protection’s Act…” Does this require a particular form?
@@RexRaven22 Not a specific form, but specific language is required: "This property is not subject to the rent limits imposed by Section 1947.12 of the Civil Code and is not subject to the just cause requirements of Section 1946.2 of the Civil Code. This property meets the requirements of Sections 1947.12(d)(5) and 1946.2(e)(8) of the Civil Code and the owner is not any of the following:"
@@WIREassociates THANK YOU!
Get rid of your exempt properties because they are coming after those in november. Its already here in some cities. Rent out your home and you'll not be able to move back in. You've given away the property after putting down huge downpayment and risked your credit to someone with a month's deposit on the line.
That's how it is in socialist Venezuela. Caracas is full of empty houses and apartments that the owners do not dare rent out since they cannot evict. Many owners escaped to Miami and just leave their Venezuela residence empty. San Francisco is similar - heard 20000 empty apartments there since the owners do not want to deal with rent control headaches.
10% is still ridiculous when wages are only going up 3-6% per year (if you're lucky)
just get another job... and ask for 20% more money... and if you have it...
If I’m reading it right, it says certificate of occupancy within 15 years, it doesn’t refer to the age of the property. Can someone confirm?
Yes, technically it's the certificate of occupancy within the past 15 years.
I bought a house recently, a 4 bedroom house to myself.
if I plan to rent a room, can I kick out a tenant for not paying rent for more than one month?
Subletting is very difficult and risky.
Don't let anyone move in without proof of income, a background check and references.
Once they're in it's very difficult to get rid of them.
Yes, you can evict for nonpayment of rent in this scenario.
California needs to revoke Prop 13.
Lawsuits need to happen. This is utterly mad
Good.
How about comercial properties
Nothing similar for commercial properties like retail, industrial or restaurant, as far as I know.
Wait, so is a “20 year old house” that you rent out Exempt or Not exempt...
If not, why does property Age matter..?
Most houses and condos are exempt. Age matters for bigger buildings.
I had tenants residing in my house who unexpectedly terminated their one-year lease midway through the year. It took us 2.5 months to secure a new tenant. The previous tenants therefore owe me approximately $10,000, but I'm skeptical about their repayment (He moved out of the country). Can I account for this $10,000 loss when I file my tax return? If so, where I should put in that loss.
Discuss with your CPA, but you typically cannot write off uncollected rent.
sch E
California is like the special family member you're always waiting on but never quite gets it
In October 2022 all 12 tenants at the building I lived in (San Diego) received notices to vacate and the reason stated on the official notice was that the units were being taken off of the rental market and there would be a change in use of the building. We all vacated and learned a month later that new tenants were moving in at more than double the price we were paying. I approached two of the tenants and they confirmed they were new renters. I contacted at least five tenant attornies and none of them would take the case. One attorney told me if this happens again to contact him BEFORE VACATING and he would handle the matter since required paperwork has to be submitted to government offices to change the use of an apartment building and if those papers were not submitted, that would be an indication of ILLEGAL falsification on notices to vacate tenants..
Wow! That is blatantly against the law...very sorry to hear that! It those types of landlords that we can thank for tighter and tighter laws.
@@WIREassociates And what’s almost worse is that tenant attorneys will not take the case. Seems there’s an understanding between attorneys in the Landlord - Tenant arena not to mess with each other.
The sqauter protection act
WHO DO YOU THINK YOU HAVE FOR YOUR GOVERNOR?????? DESANTIS???????
Do these changes apply to rent controlled buildings? Can a landlord pay a tenant one month rent in “moving assistance” and then substantially remodel the rent controlled unit and then rent it at market rate?
No, if a local ordinance is more strict, then that is the one you have to follow.
What about New York? If building more like 70 years old? We have ‘’ gold. Walls’’ …
This will mean that landlords will require more for a security deposit, right? This seems very unfair to landlords.
Laws have changed for security deposits, too 👉 ruclips.net/video/wzyd5aOdZlI/видео.html
Our landlord ask us to empty the house, because we ask to fix a mold problem that we have for a couple of years now, i am even sick due to the mold
Move
@@repurposedart9897 obviously that's what we are doing lol
black mold is everywhere in california, they should be paying your housing where you have to stay, and you can sue them for doctor bill's
@@arlenefox558 that's what I told my brother, my asthma got worse in this house, but he said he wants to spare himself the headache of court house visits
You always tell landlords to talk to a particular lawyer before doing things. I was wondering what type of lawyer a tenant would need for a buy out/cash for keys situation?
An eviction attorney can negotiate cash for keys. If you're selling and hire us as agents, then we'll do it.
@@WIREassociates I thought eviction lawyers only help tenants that have a pending eviction. Correct?
Great ìnfo
Do you know any pro Bono lawyers In San Diego, I desperately need a lawyer. Tenet rights this landlord and the San Diego housing commission are discriminating and purposely trying to run My service dog and I out on the street
Can I sell when I want in central California
Yes, you can, but you'll have to see what rules you'll need to follow locally if it's tenant occupied.