AB 1482 - Statewide Rent Cap - California Apartment Association
May 20, 2024 · The California Tenant Protection Act of 2019, passed as AB 1482, imposes specific rules concerning rent increases and eviction policies for many residential rental properties in California. Key provisions of the Tenant Protection Act: Rent caps: The law limits the amount by which rent can be increased annually for eligible properties. “Just cause” eviction …
Don’t forget to provide the required notices under AB 1482
May 5, 2022 · A separately alienable unit (e.g., a single-family home or condo) is not exempt from AB 1482 unless it meets two criteria: (1) It is not owned by a corporation, real estate investment trust or LLC of which a corporation is a member and. (2) Notice of the exemption is included in the rental agreement. CAA’s rental agreements dated November ...
All CPI figures for 2024 AB 1482 rent increases now available
Jun 13, 2024 · 3.8%. 8.8%. AB 1482 limits rent increases in any 12-month period to no more than 5% plus the percentage change in the cost of living (CPI), or 10%, whichever is lower. The CAA Regional CPI Calculator is currently being updated. The association will publish another article to inform members once the calculator is available.
Salinas adopts rent control and landlord-tenant policies, despite …
Oct 3, 2024 · Despite strong opposition from the California Apartment Association, the Salinas City Council has approved a set of landlord-tenant measures, making it the first city in Monterey County to adopt rent control. These ordinances, which will take effect on Jan. 1, 2025, aim to cap rent increases and bolster eviction protections.
CAA urges San Diego County to clarify rent control law
May 12, 2021 · CAA urges San Diego County to clarify rent control law. May 12, 2021. The California Apartment Association has requested that San Diego County clarify several of the most problematic ambiguities in the rent control and just cause eviction ordinance adopted by the Board of Supervisors on May 4. “The ordinance is poorly drafted and suffers from ...
Vallejo adopts 10% rent-gouging cap, adds eviction restriction
Jul 25, 2019 · The Vallejo City Council passed an urgency ordinance on July 16 making it unlawful to increase rent for an existing or prospective tenant by more than 10% during a declared emergency. The rent cap already was in place following a proclamation of emergency declared by the city manager on June 27 and later ratified by the City Council on July 3.
What’s new in rental housing law for 2024
Nov 7, 2023 · SB 602 was authored by Sen. Archuleta (D-Pico Rivera). Security Deposits – This law caps security deposits at one month’s rent, regardless of whether a unit is furnished or unfurnished. Owners of no more than two rental properties, comprising no more than four units, can request up to two months’ rent. The law takes effect July 1, 2024.
California’s rent cap and just cause law (AB 1482) took effect on January 1, 2020. With some exceptions outlined below, it applies to most residential rental properties in California. AB 1482 has two parts: (1) rent caps and (2) just cause. With respect to rent caps, AB 1482 prohibits landlords from increasing rent by more
GOVERNOR SIGNS AB 1482, ENACTS STATEWIDE RENT CAP
Oct 7, 2019 · With AB 1482 on the books, rent control in California will come in two flavors – the statewide rent cap under AB 1482, and locally administered rent control laws regulated under Costa-Hawkins. For the most part, AB 1482’s rent cap will affect properties that are 15 years of age or older, contain two units or more, and are not already ...
Once again, extreme rent control measure officially heads to fall ...
Jul 11, 2024 · Increased Pressure for Rent Control: Passage of Proposition 33 would increase pressure on cities and counties to adopt more stringent rent control measures. Without Costa-Hawkins, cities and counties could implement vacancy controls, keeping rents below market in perpetuity, a form of extreme rent control seen in cities such as Santa Monica and ...