Credit Bureau Report Reveals Pandemic’s Impact on Rental Industry

Credit Bureau Report Reveals Pandemic’s Impact on Rental Industry By the Editors of the Rental Housing Journal The COVID-19 pandemic has wreaked havoc on our global economies. Some populations, though, including renters, have been particularly hard-hit. TransUnion recently conducted an intensive analysis to better understand the impact of shutdowns, illness, and quarantines on the financial…

DID YOU KNOW

COVID-19 and Lease Termination Many tenants believe that due to the pandemic, they can terminate their fixed term lease without consequences. This clearly is not the case. Under the Tenant Relief Act, AB 3088, if a tenant has an inability to pay the rent due to the pandemic, the rent will be deferred. It is…