Thank you to everyone who joined our recent livestream covering critical 2026 statewide lease updates and compliance changes. Below is a streamlined recap of the livestream Q&A between AOA members and Michael Brennan, Esq. Click here to watch the video Live Legal Q&A Lease Updates & Amendments Q: Can I add an amendment to my…
The new 2025 AOA Lease includes the following updates: Removed the $50 charge for serving a 3-day notice, to reflect changes to current law (SB611). New section on Micro Mobility Devices which many attorneys consider to be required in the lease. New box to add the AOA Rent Reporting Addendum. There are two addendum options:…
The new 2025 AOA Lease includes the following updates: Removed the $50 charge for serving a 3-day notice, to reflect changes to current law (SB 611). New section on Micro Mobility Devices which many attorneys consider to be required in the lease. New box to add the AOA Rent Reporting Addendum. There are two addendum…
The Justice Department, together with the Attorneys General of North Carolina, California, Colorado, Connecticut, Minnesota, Oregon, Tennessee, and Washington, filed a civil antitrust lawsuit today against RealPage Inc. for its unlawful scheme to decrease competition among landlords in apartment pricing and to monopolize the market for commercial revenue management software that landlords use to price…
Businesspeople are now required to report ownership information of their small business to the government. The New Law In an effort to peel back the layers of anonymity often exploited by financial criminals, such as money launderers, the Corporate Transparency Act (CTA) was signed into law by President Biden in 2021. It became fully…
Landlord Groups File Lawsuit Against Los Angeles County Over Illegal Eviction Moratorium Latest Legal Maneuver Seeks Emergency Relief from the County’s Residential Eviction Ban Legal Move Follows County’s Recent Extension of So-Called “Temporary” Eviction LOS ANGELES, CALIFORNIA – March 8, 2022: The Apartment Association of Greater Los Angeles (AAGLA) and the Apartment Owners Association of…
Over the past decade, there’s been an increasing number of operators regularly offering lease terms longer than 12 months. It’s part of a natural progression that I have observed over my 20+ years in pricing and revenue management in multifamily housing. When I first got involved with the industry, few operators offered leases shorter than…
Over the past decade, there’s been an increasing number of operators regularly offering lease terms longer than 12 months. It’s part of a natural progression that I have observed over my 20+ years in pricing and revenue management in multifamily housing. When I first got involved with the industry, few operators offered leases shorter than…
Hello everybody. Let’s start with a multiple choice pop quiz about options: Assume that a landlord gives his tenant an option to extend the term of their lease by five years provided that the tenant exercises the option in writing on or before Sunday, July 4, 2021, i.e., Independence Day next year. If the tenant…
Recently, the Los Angeles County Board of Supervisors voted 4-1 to enforce a six- month temporary Rent Control Ordinance for Unincorporated Los Angeles that took effect December 20, 2018. Annual rent increases are limited to 3% once a year and will be retroactive dating back to September 11, 2018.