rental property news

IN THE NEWS

Cooling Requirement Coming to Unincorporated L.A. County Beginning January 1, 2027, landlords in Unincorporated LA County will be required to provide cooling capable of keeping rentals at or below 82 degrees. The ordinance establishes cooling as a housing standard alongside long-standing requirements for heat and hot water. This does NOT automatically require landlords to provide…

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politicized rent freeze

Coming to California Housing? A New Lawsuit Alleges N.Y.’s Rent Board Ignored Data When Enacting Politicized Rent Freeze by Christian Britschgi

[Recently], a handful of landlords sued New York’s Rent Guidelines Board in an effort to overturn the rent freeze it imposed on the city’s nearly one million rent-stabilized apartments. Every year, the nine-member RGB sets a percentage cap on how high property owners can raise rents on their rent-stabilized units. In making this decision, the…

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balcony inspections

When Safety Laws Become Fear Campaigns by Michael Malki

California’s SB 721 and SB 326 laws were created with good intentions. Following the tragic 2015 Berkeley balcony collapse that killed six young people, lawmakers moved quickly to require periodic inspections of balconies, decks, walkways, stairs, and other elevated exterior structures in multifamily housing. The goal was simple: identify hidden structural dangers before another preventable…

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California rent control laws

Legal Q & A By Richard Beckman, Esq.

Below are questions asked by rental property owners regarding California rent control laws, followed by answers provided by Attorney Richard Beckman Question 1: I have a credit score requirement of 720+. How can it be worded to explain I require this credit score only from applicants whose income is being counted toward the household income…

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apartment owners

More Renters, Less Margin by Mercedes Shaffer

For decades, condominiums and townhomes served as the affordable entry point into homeownership. Much like the old fast-food “$1 Menu,” they gave working families, young professionals, and first-time buyers a realistic opportunity to build equity without stretching their budgets. Today, that affordable option is disappearing. While attached homes remain significantly less expensive than detached houses,…

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prop 13 - prop 43

California Courts Changed the Prop 13 Tax Rules – Prop 43 Restores Them by Susan Shelley

The November ballot measure Proposition 43 will make it harder to raise taxes in California by restoring the two-thirds vote requirement for local special taxes.   A “special tax” is one that earmarks the revenue for specific purposes. Ever since voters approved Proposition 13 in 1978, the California Constitution has clearly stated that cities, counties and…

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