Landlords now need to actually have a unit readily available for a prospective tenant to occupy when they demand a screening fee for reviewing an application for approval or denial.
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Residential landlords are now obligated to offer to report a tenant’s positive rental payment information to at least one nationwide consumer reporting agency.
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The streamlined approval process developers use when certain parameters are met just got additional incentives.
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Landlords may no longer charge fees for posting or serving eviction notices or notices to vacate to residential tenants or for accepting rent or security deposit payments by check. Security deposits charged a military service member renting as a residential tenant, when higher than the security deposit charged others, require specific steps.
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An owner entitled to surplus funds remaining from the foreclosure sale of their residence are chased by individuals attempting to make claim on the surplus funds. Now these surplus fund chasers are barred from contacting the owners for 90 days after the trustee’s deed is recorded to better protect California homeowners in a vulnerable position.
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California’s legislature promotes solar energy by empowering owners and tenants of mobilehomes to freely install and use solar energy systems without any type of interference from the owner or manager of the mobilehome park.
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Residential property for sale equipped with a state-assistance water tank requires the seller and seller broker to disclose to prospective buyers that the water tank is not part of the property acquired.
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A mobilehome park manager may tow a vehicle that violates park rules, unless it is a vehicle required for work or employment.
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Always enter into a written employment agreement with the buyer using RPI Forms 103.1 and 103.2. Renew or extend the retainer period with RPI Form 103.1A or 103.2A.
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With new California legislation, it’s now mandatory practice for a buyer broker to enter into an employment agreement with buyer-clients before a purchase agreement is submitted.
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In response to the rent crisis, the state of California passed the Stable Affordable Housing Act of 2023. [Calif. Health and Safety Code §50610]
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Calif. Health and Safety Code §50426
Amended to add subsection (c) by AB 1508
Effective date: January 1, 2024
Calif. Civil Code §1954.53
Amended to add subsection 4(A) by AB 1620
Effective date: January 1, 2024
HOA’s will soon be further restricted in how much they can increase their regular assessments.
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Review the the legislative changes and economic shifts which impacted real estate during 2023 and read our forecast for the property market in 2024.
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Legislators are limiting the power of local city councils to prohibit adaptive reuse projects.
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California’s attorney general will now be able to take swifter action against wayward city councils refusing to follow low- and moderate-income housing solutions in their communities.
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A new law requires three new sections to be added to the Environmental Hazards booklet.
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The credit check requirement is a major roadblock for prospective Section 8 tenants who are otherwise qualified to pay rent.
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California legislators are seeking to smooth the path for more shelters.
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