News: Posts by Mike Nemeth
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Once again, the California Apartment Association has taken a successful swing at homelessness.
CAA Tri-County’s 24th Annual Charity Golf Tournament raised money through sponsorship, golf foursomes and raffles.
The generosity paid off during the Housing Industry Foundation’s September Summit gala in Burlingame. Anna Kramer, chairwoman for CAA Tri-County, presented a donation of $57,000 – among the highest amounts since the tournament was organized in 1990.
“I’m sure everyone in the rental industry would agree with me that the last several years have been good for our industry,” Kramer said. “We’ve seen strong markets, solid growth and healthy transactions. But sadly… Read More
Tagged: CharityEventsPhilanthropy Tri-County
Among large metros, Oakland nabbed the No. 1 position on the list of the country’s annual rent growth-leaders as of the third quarter, according to MPF Research.
Pricing for new leases in Oakland grew 7.9 percent during the past year.
While San Francisco ceded the top spot to Oakland, pricing power remained strong with rates up 6.6 percent annually. Rents climbed 5.9 percent in San Jose, according to MPF.
Other strong performers in rent growth included the Southern California trio of Orange County, San Diego and Los Angeles, which just missed MPF’s top-10 list.
“Improving performances in Southern California are… Read More
Question: If a resident dies and was on a lease, does the estate still owe rent up until someone new moves in? What about a month-to-month agreement? Obviously the person couldn’t give a 30-day notice.
Answer: Death does not terminate term lease obligations. The resident’s estate remains responsible through the end of the lease term, unless the resident’s estate relinquishes possession of the premises to the landlord, and the landlord is able to re-lease the premises to a new tenant. Month-to-month residential tenancies terminate 30 days after the last rental payment by the deceased tenant (Civil Code §1934). A 30-day… Read More
Update: On Sunday, Oct. 13, Gov. Brown vetoed Assemblywoman Toni Atkins’ inclusionary zoning bill, AB 1229. The story below was published earlier this month.
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Right or wrong, the specter of rent control has hovered over AB 1229.
Owners of existing rental property, however, shouldn’t sweat it.
Toni Atkins’ inclusionary zoning bill, which remains on Gov. Brown’s desk, wouldn’t change a thing for landlords with property in either rent-control or non-rent-control jurisdictions.
The bill centers on a method for requiring affordable housing in new construction projects and would reaffirm a tool that more than 170 jurisdictions have used to provide… Read More
Southern California lawmakers and rental housing VIPs gathered in San Diego on Friday, Sept. 27, to discuss this year’s action in Sacramento, share a meal and mingle.
It all happened during two lively hours as the California Apartment Association-San Diego held its first Legislative District Leadership Breakfast at the Westgate Hotel.
Assemblywoman Lorena Gonzalez, who represents the 80th District, said she strives to keep the needs of both renters and property owners top of mind.
“Obviously, as renters, we care about the rights of our tenants and being able to live in places that are nice and where they can… Read More
Tagged: LeadershipLegislation
Sen. Lois Wolk’s water submetering bill sank this year, but it’ll likely resurface in 2014.
With some success at the negotiating table, it has a good chance of passing, too.
SB 750 got close this year. But by the end of the legislative session, loose ends and disagreements about the bill’s wording had it taking on water.
When Wolk introduced the bill in early February, she said it would help Californians “make environmentally and economically responsible choices and that they needed accurate information about their water usage and cost so that they can use existing supplies as efficiently as possible.”… Read More
Tagged: LegislationOur Positions
It’s no surprise that some property owners don’t allow pets in their apartments.
Who wants the noise, the carpet stains and the doggie doo-doo on prospective tenants’ shoes?
Legally, however, one person’s pet may be another person’s companion. In this type of situation, fair housing laws require owners to make exceptions.
Don’t let ignorance bite you at the bank. Take part in the California Apartment Association Oct. 10 webinar “When Is a Pet Not a Pet: Complying with the ADA and Fair Housing Laws.”
This class will help CAA members understand state and federal laws requiring property owners to make… Read More
Question: I have a prospective tenant whose company will pay his rent as a perk to his job. Who must sign the lease?
Answer: It is our strong advice to have both the company and the individual sign the lease. If the employment is terminated, you would have a stranger in your unit without a signed lease.
Question: If a guest causes problems or damages the property, what is my recourse?
Answer: The tenant is responsible to pay for the repair of any damage caused by their guest’s negligence or intentional act. If they fail to pay a three-day notice… Read More
For more than 80 years, The Walt Disney Co. has been synonymous with excellence in customer service.
It turns out that Disney’s approach to keeping customers happy works in multifamily-housing, too. On Oct. 17, you can learn all about it.
The California Apartment Association and Tonusa will welcome Disney Institute to CAA South Coast’s Lunch Club for a workshop on “Disney’s Approach to Quality Service.”
In his 90-minute keynote, cast member Bruce Kimbrell will use the Disney model to show attendees how to consistently exceed customer expectations.
As part of the Disney Co., the institute energizes organizations with “time-tested best… Read More
Tagged: News