Hi friends, are you tenants or landlords? Do you know that the most recent rent control law AB1482 has been passed and will take effect from January 1, 2020? It basically protects the tenants by limiting the annual rent increasing within 5% + inflation and prohibit the landlord from evicting the tenants without Just Cause. Please watch this session 1 to learn more about it, and I will post-session 2 shortly for your reference.
Disclaim:
I am not a lawyer at all, so everything I talked about today is for sharing info purposes ONLY. I am not providing legal advice to anyone at all. If you are a landlord, I strongly recommend you to consult a professional Real Estate lawyer before attempting to raise the rent or evict your tenants.
Reference:
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Ella Lu | Realtor®
Mobile 415.622.5545
MBA | English | Chinese | DRE #02068504
www.EllaLuRealty.com
Keller Williams Silicon City
Headquarters | 2221 Oakland Road | #268 | San Jose | CA 95131
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