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Statewide Rent Control Law AB 1482

In early September (2018) the California legislature passed AB 1482. This legislation was opposed by the California Association of Realtors (C.A.R.). The National Association of Realtors (N.A.R.) has a whitepaper on rent control and if you are interested it would be worth the effort to look this up and read their position. The new bill should be signed into law in October and it will effect both renters and property owners alike. There isn’t sufficient room here to go over the details of the new law, but if you are a renter or property owner you should read the bill and know what it covers. It does exempt most single family homes (the majority of properties that we manage), but there are some exceptions.

Posted by: loffmanblog on September 30, 2019
Posted in: Uncategorized