New Rent Control Law in CA
Landlords and tenants alike are wondering how California’s new Rent Contol Law, AB-1482, will affect them – or whether it will at all. Elements in the law add layers of challenges for landlords in operating their rental businesses.
AB-1482 – Tenant Protection Act of 2019
The law, known as The Tenant Protection Act of 2019, took effect on January 1, 2020. Most notable in the topics included are rent controls and eviction controls. Some exemptions apply, based upon the age and type of property, as well as the type of ownership. For the exemption to apply, specific notice must be given to the tenant.
Text of AB-1482
The text of the bill itself can be found here.
Be sure to consult an attorney for specific advice and answers to your questions.