Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by Attorney Richard Beckman. Question 1: I think I saw an update to the Oakland rent registry rules that extended the deadline to register my units. Is that true? And does that registration rule apply to units…
Several factors contribute to the challenge of renting apartments, and property owners and managers must identify and address these issues strategically. Here are some key reasons why apartments may remain unrented. Seasonality – The rental market often experiences slower activity from late October through February each year. High Rent Expectations – Setting rent too high…
Increasingly, over the previous few years, since the statewide Senate Bill requiring building owners to perform structural inspections of their exterior elevated elements was introduced, California balcony inspections have become a critical aspect of building ownership, ensuring safety and compliance with regulations. However, some concerning issues have emerged – many inspections are being conducted and…
The IRS is going after the wealthy as promised by the President. The Internal Revenue Service reported [in January] on its efforts to increase its audits of large corporations, complex partnerships, and high-income individuals, collecting over half a billion dollars from millionaires who failed to pay their taxes. According to IRS Commissioner Danny Werfel, a…
In January, just before the February 1st deadline to repay back rent owed, L.A.’s Mayor Karen Bass sent an email offering eviction help to the many non-paying tenants facing eviction. Tenants who owe thousands of dollars in unpaid rent from the pandemic – tenants who were given a year to pay their arrearages. Is the…
State signature-gathering to place the Justice for Renters Act (Measure 22-0008 will eventually be assigned a proposition number) on the November 5, 2024, ballot began on March 17, 2023. Backers have announced that they’ve already collected and delivered enough signatures to the California Secretary of State’s Office to qualify the measure, and they will continue…
Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by eviction attorney Dennis Block. Question One: My property insurance policy is not going to be renewed because the tenants use the outside of the unit for storage of their property. The place looks very cluttered. The…
7 Legal Myths You and Your Advisors May Believe By Dale West, Senior Advisor, American Society for Asset Protection There are many financial and legal myths that circulate through society. A belief in these myths may result in serious problems. In a commencement address at Yale University, President John F. Kennedy taught, “The great…
Researchers at Buildium have put together their list of 13 trends that will shape property management in 2024. Some trends are the same as last year, but there are new ones as well. “No matter what the new year holds, Buildium’s research is here to help you prepare your business for growth—starting now, with our 13 rental…
Announcing … One dollar submissions for rent debt (COVID rent debt included) for a limited time through AOA’s Debt Collection Service! AOA has partnered with a debt collection agency that boasts one of the highest success rates in the industry. While their success rate consistently beats national averages, please understand that they may not collect…