Legal Q & A By – Franco Simone, Esq.

Q: This is my first time renting out my residential unit. The late fee provision in my lease allows me to charge a percentage of the rent or a flat fee. How much can I charge for the late fee? A: Your late fee should be no more than 6% of the monthly rent. For…

Statewide Rent Control: The Battle Continues by – Noni Richen, President, SPOSF/SPOSFI

Our united organizations have continued our fight against Assembly member David Chiu’s assault on the California housing supply through his AB 1482 statewide rent and property control legislation. Our lobbyists have worked to implement changes to the proposed law, with limited success. For example, the original version exempted some small properties that are owner-occupied and…

Rent Stamps Could Provide Some “Social Justice” For Rental Property Owners and New Renters By – Brian Wallace

In 1979, when rent control was first passed in San Francisco, two important issues were not addressed: A needs-assessment of renters and The disproportionate social obligation imposed on those providing the housing How many of us know renters whose annual income far exceeds that of the property owner from whom they are renting?  This is…