Newsom Signs Bills Affecting Housing
Gov. Gavin Newsom signed two bills into law last week meant to address the housing/homeless crisis. AB 1482 caps rent increases in multi-family structures, SB 330 other limits public hearings on developments. READ MORE
C.A.R. Red Alert – Restrictive Rent Caps
UPDATE – Sept. 10, 2019: Senate Passes 1482
The bill now heads to Gov. Gavin Newsom’s desk; he has said he will sign it.
Assembly Passes AB 1482
Now Assemblymember David Chiu, author of AB 1482, essentially combined two with newly amended bill text:
This bill would, with certain exceptions, prohibit an owner of residential property from terminating the lease of a tenant that has occupied the property for at least 12 months without just cause, as defined.
The bill would require, for certain just cause terminations that are curable, that the owner give a notice of violation and an opportunity to cure the violation prior to issuing the notice of termination. The bill would require, for no-fault just cause terminations, as specified, that the owner assist certain tenants to relocate, regardless of the tenant’s income, by providing a direct payment of one month’s rent to the tenant, as specified. […] The bill would repeal these provisions as of January 1, 2023.
In this case, a “just cause” means failure to pay rent, “substantial breach of a material term of the rental agreement, […] refusal, by the tenant to sign a new lease that is identical to the previous lease, after the previous lease expired,” illegal conduct, damage to the unit, and similar complaints, according to Curbed.
C.A.R. OPPOSES UNLESS AMENDED
C.A.R. has been negotiating in good faith with the bills’ authors in an attempt to make reasonable amendments to both bills, thus removing C.A.R.’s opposition. As of now, those negotiations have stalled. As a result, C.A.R. OPPOSES both AB 1482 (Chiu), which creates a very restrictive statewide rent cap, and AB 1481 (Grayson and Bonta), which establishes statewide “just cause” evictions.
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Urge Your Senator to Oppose Legislation that Forces Landlords to Participate in Section 8!
C.A.R. OPPOSES SB 329 (Mitchell) because it effectively forces ALL residential rental property owners to participate in the voluntary Section 8 housing program by entering into a legally binding contract with a government agency – the provisions of which may be extremely difficult to fulfill. SB 329 will be considered as soon as TODAY on the Senate Floor.
Call your Senator TODAY!
Urge a NO Vote on SB 329!
Enter your NRDS ID or PIN number
followed by the # sign to be connected to your legislator’s office.
When staff answers the phone, you can use the following script:
“Hi, this is (insert your name). I’m a REALTOR® from your district. Please ask the Senator to Vote No on SB 329. Don’t force rental property providers into contractual obligations that they may not be able to meet.”
Support the Real Estate Industry
The REALTOR® Action Fund (RAF) and REALTOR® Political Action Committee (RPAC) are lobbying against laws that hurt the real estate industry and make home ownership less affordable for clients.
CVAR is urging members to do their part to fight upcoming legislation that could devastate the California real estate industry.
The work that RAF and RPAC do includes raising and spending money to educate and elect candidates who understand and support issues that are important to our industry. We know that REALTORS® can make a difference. Each year CVAR sends REALTOR® members who support RAF to Sacramento to Legislative Day, sponsored by C.A.R., to meet and educate our legislators about issues impacting real estate.
“California REALTORS® cannot afford to ignore what occurs in the halls of government because Real Estate is one of the most regulated industries at the local, state and federal level,” according to C.A.R.
Support the fight for legislation that helps YOU do business–and your clients get into homes!
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