The full California Assembly on Monday is expected to take up a bill that targets the right of landlords to leave the rental housing business.
Monday, Jan. 31, is the last day that AB 854 by Assemblyman Alex Lee, D-San Jose, can be heard on the Assembly Floor.
Lee’s proposal would prohibit rental housing providers from using the Ellis Act to terminate tenancies and exit the rental market until all owners of the property have held their ownership interest for five years or more. It also would prohibit owners from attempting to ever remove a second building from the market.
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