Ellis Act, an escape hatch for struggling landlords, is again under attack
Legislation unveiled Thursday would force California landlords to stay in the rental housing business for at least five years, even if they are losing money month after month.
AB 854 by Assemblyman Alex Lee, D-San Jose, takes aim at California’s Ellis Act, a law that protects a landlord’s right to leave the rental housing business.
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Tagged: Ellis ActLegislationLegislature
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