Apartment Market Conditions Show Improvement By National Multifamily Housing

Apartment market conditions generally improved according to the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for January 2022. The Market Tightness (69), Sales Volume (59), and Equity Financing (67) indexes all came in above the breakeven level (50) for the fourth quarter in a row, though many respondents indicated conditions remained unchanged across the…

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L.A. County Extends COVID-19 Tenant Protections! Provided by LA County Consumer and Business Affairs

On January 25, 2022, the Los Angeles County Board of Supervisors voted to extend the COVID-19 Tenant Protections Resolution through December 31, 2022, unless repealed or further extended by the Board. What is the County’s COVID-19 Tenant Protections Resolution? The County’s COVID-19 Tenant Protections Resolution (formerly the LA County Eviction Moratorium), which went into effect…

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Legal Q & A by Dennis Block

Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by eviction attorney, Dennis Block.   Question One: I have a 4-unit building in the City of Hawthorne. I recently formed a limited liability company (LLC) and transferred the building to this entity. Regarding the existing tenants, should…

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FAREWELL MY FRIENDS By Dale Alberstone

Dear AOA and its Members: Having practiced real property law for the past 45 years (I was admitted to the California State Bar in November 1976), I have decided to retire as an attorney, hang up my shingle, spend my spare time with my family and friends, and pursue my passions for traveling, scuba diving…

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