Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by Attorney Franco Simone. Q: My neighbor told me that California passed a new law about emotional support animals. I was recently contacted by one of my tenants informing me that they required an emotional support cat and…
DetailsThere’s an old sports adage that “your team is only as good as its weakest player.” This wisdom can be applied to any industry, but I’ve found it especially true of property management. Successful property management requires a joining of professionals with vastly different skill sets all working toward the same goal: maximizing the quality…
DetailsA tenant surrender of possession of agreement is a meeting of the minds that results in a tenant voluntarily moving out for compensation, a rent waiver, return of the security deposit, or any combination of carrots and sticks to motivate the tenant to leave the premises at their own volition. More than “cash for keys,”…
DetailsThe pandemic-induced high-end real estate bubble has been broken, especially in California, according to new data provided by the Wall Street Journal. After riding high following the pandemic, (when selling an upscale house nationwide suddenly meant fierce bidding wars and astronomical selling prices), the high-end market has fallen off a cliff. Some of the reason…
DetailsBelow are questions asked by rental property owners regarding California property management and Section 8 tenants followed by answers provided by the law firm of Simone and Blevins. Q: One of my tenants called me and told me the tenant in the neighboring apartment was running a daycare out of the apartment. Can I…
DetailsThe media is full of headlines indicating that a market crash is on the horizon, and according to Consumer Affairs, 78% of Americans believed there would be a housing market crash by the end of 2022, while 50% expect it to happen in 2023. It’s also worth noting that 75% of the people Consumer Affairs…
DetailsBelow are questions asked by rental property owners regarding California rent control laws followed by answers provided by Attorney Richard Beckman. Question 1: Do you know of any new laws for 2022 that affect the rental industry? Answer 1: Other than, of course, the pandemic related legislation, the California legislature was relatively quiet in…
DetailsHello everybody. Most everyone hopes that 2022 will bring about world peace, tenants who pay their full rent on time each and every month, and an end to the COVID-19 virus. As the legal writer for the Apartment Owners Association, my hope for AOA members is more modest, but nonetheless extremely important. In fact, it…
DetailsWAYS LANDLORDS REDUCE THEIR VISIBILITY The following dozen plus suggestions are what some mom and pop landlords do to lower their visibility when around residents, contractors and others. Why? If others think (wrongly or rightly) that you own rental property, that equates to having lots of money and they tend to want or expect more…
DetailsThe economy’s weak summer performance reflected a big slowdown in consumer spending as a spike in COVID-19 cases from the delta variant caused consumers to grow more cautious, and snarled supply chains made items such as new cars hard to get and also contributed to a burst of inflation to levels not seen in three…
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