Question: If a one-year residential lease is broken, what becomes of the security deposit? Answer: Once the tenants have vacated the premises and the landlord has taken over possession, the time to account for the use of the security deposit (normally 21 days) begins. The deposit can be used for any monies owed the landlord including delinquent rent.
Pacifica voters on Tuesday, Nov. 7, overwhelmingly rejected a ballot measure that would have enacted both rent control and eviction controls on multifamily housing in the city. Measure C went down in defeat, with 62.03 percent of the vote cast against the proposal. This marks the third time a rent control ballot measure has been resoundingly defeated in San Mateo County. Last year, voters of San Mateo and Burlingame overwhelmingly rejected rent control. CAA is pleased that voters have rejected a law that would have been disastrous for the city. If implemented, the program would have cost Pacifica nearly $2… Read More
After hearing from CAA, the city of Anaheim’s Homeless Policy Working Group removed rent control as a possible solution to end homelessness. During public comment Nov. 3, CAA addressed the Working Group about the ill-effects of rent control and the negative consequences that such a policy would bring.
The San Jose City Council next month will vote whether to lower its annual cap on rent increases for the second time in less than two years. At its Tuesday, Nov. 14 meeting, the council will consider switching to a rent control formula based on the rate of inflation, or the Consumer Price Index. The CPI is now about 3.4 percent.
Rent increases limited to 10 percent Under an executive order by Gov. Jerry Brown, protections against price-gouging in the wake of the North Bay fires — including rent increases over 10 percent — will be in effect until at least April of next year. The ban on price gouging, which originally had a 30-day time limit, is now in effect until April 18, 2018. The state’s anti-price gouging law went into effect earlier this month after the president and governor issued a state of emergency in California.
The California Apartment Association’s offices will be closed Friday, Nov. 10, in observance of Veterans Day. Normal operating hours will resume Monday.
Question: What happens when the lease expires? Is it assumed that the agreement goes month-to-month? Or should a new agreement be signed? Answer: If the lease does not speak to renewal or reversion to month-to-month and the tenant remains in the premises with the landlord’s consent, the law will presume a month-to-month agreement if the rent is paid and accepted by the landlord. It then can be terminated by either side serving the other with a written 30-day or 60-day notice to quit.
A statewide ballot initiative filed Monday, Oct. 23, seeks to repeal the Costa-Hawkins Rental Housing Act, landmark legislation that protects property owners and renters from radical, local rent control measures. For over 20 years, the Costa-Hawkins Act has prohibited local governments from regulating the price of rents on rental units built after 1995. Costa-Hawkins also prohibits a local government from regulating rents on single-family homes, individually owned condominiums and townhouses. Moreover, the act also requires all rent control ordinances to allow a rental property owner to set the rent at market rate once a new tenant moves out and a… Read More
At the CAA October board meeting, President Joe Lawton, CPM, announced the results of the 2018 California Apartment Association Board of Directors’ election. Lawton welcomed newly elected and returning directors to the board during the annual membership meeting Thursday, Oct. 19. Voting for the 2018 CAA Board of Directors closed on Oct. 10, 2017. In accordance with the CAA Bylaws, directors serve a term of three years; newly elected directors will begin their terms on Jan. 1, 2018. 2018 Newly Elected Members of the CAA Board of Directors representing specific membership categories: Independent Rental Owner Classification: Marj Mancuso, TOMAR Properties… Read More
Beginning next year, property management firms and other California employers will want to take a close look at the questions they ask of prospective hires. Under a pair of bills signed by Gov. Jerry Brown, some types of questions will be off-limits during certain portions of the hiring process.