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Selling rental properties in California will take significantly longer if a bill introduced this month becomes law. Under AB 1703 by Assemblyman Richard Bloom, D-Santa Monica, tenants and certain community groups would have the right to make an offer to buy rental housing before any other prospective buyers.

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For many rental housing providers, July 1, 2020, may be a significant date.   Under AB 1482, the state’s new rent cap and just-cause-for-eviction law, July 1 triggers additional notice requirements in new and renewed rental agreements. The start of the second half of the year also triggers additional recycling requirements for some businesses and opens the door to enforcement of the state’s new data-privacy law.   AB 1482: requirements for rental agreements  AB 1482, also known as the Tenant Protection Act of 2019, took effect Jan. 1 of this year and imposes rent caps and just-cause requirements on most residential rental properties in the state. Below, you’ll find specific requirements that apply… Read More

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The California Apartment Association has stopped legislation that would have created a statewide rental registry and targeted landlords who’ve received government assistance in response to the coronavirus. AB 2406 by Assemblywoman Buffy Wicks, D-Oakland, died today in the Assembly Appropriations Committee.

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A bill strongly opposed by CAA that would create a statewide rental registry has been amended to target landlords who’ve received government assistance in response to the coronavirus. AB 2406 by Assemblywoman Buffy Wicks, D-Oakland, would now require landlords to submit a long list of information about their buildings and their tenants to the state if they own five or more rental units — and accept rental assistance payments from federal or state COVID-19 programs. Assemblywoman Buffy Wicks The California Apartment Association also opposed a previous version of the bill that would have applied to all landlords with five units or… Read More

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California tax collectors are expected to waive penalties against landlords and other property owners unable to pay their taxes by Friday’s deadline due to COVID-19 financial hardships. That announcement came Sunday from the California State Association of Counties and the California Association of County Treasurers and Tax Collectors. In a statement, the groups said that counties will, on a case-by-case basis, cancel penalties and other charges for homeowners, small businesses, and other property owners that are unable to pay their property taxes due to circumstances caused by the pandemic. The groups, however, urged property owners to pay on time and… Read More

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The U.S. Department of Housing and Urban Development this week urged owners of multifamily housing to share information about coronavirus with residents and employees. CDC fact sheet on coronavirus “While the risk of infections for Americans remains low, we are encouraging multifamily owners and agents, and public housing authorities, to make the information below available to residents,” C. Lamar Seats, deputy assistant secretary for multifamily at HUD, says in this letter. “We further encourage multifamily owners, agents, performance-based contract administrators, FHA lenders, and all stakeholders to make this same information available to their employees.” What you need to know about… Read More

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Many members have emailed CAA’s Landlord Helpline wondering where to find the 60 Day Notice of Rent Increase.  This form has been discontinued due to a change in California law. 

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As you consider prospective renters in 2020, remember that your applicant screening fee can only cover the expenses you incur in the process. This includes the actual money spent gathering information, as well as time spent by you or your staff. But no matter how much you pay for tenant screening, your fee to applicants may not exceed $52.46 That figure represents this year’s maximum applicant-screening charge. Each December, the state of California adjusts its cap on applicant-screening fees based on changes to the Consumer Price Index. This year’s adjustment amounted to an increase of $1.52. Members can follow this… Read More

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As expected, Assemblywoman Buffy Wicks, D-Oakland, is trying again to create a statewide rental registry. On Tuesday, Wicks introduced AB 2406, which would create a rental registry for all California landlords with more than five units. Last year, the California Apartment Association helped kill a similar bill, AB 724, which had an initial price tag north of $20 million and negative privacy implications for both landlords and tenants. 

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The city of Sacramento is still seeking feedback from the community as it creates a housing strategy for the next eight years. The city has been working to update the 2021-2029 Housing Element and created a self-guided virtual workshop to get the thoughts of community members. The Draft Housing Element is the city’s eight-year housing strategy and commitment for how it will meet the housing needs of everyone in the community. Community members have until Feb. 22 to take part in the virtual guided workshop. Participants will have the opportunity to answer questions and provide feedback on the goals, policies,… Read More

Tagged: Sacramento Valley