Happenings and insights from the firm built for rental property owners
Although past efforts to streamline the process of building an Accessory Dwelling Unit (ADU) or bringing illegal ADUs into the light of day has been an epic failure, we have renewed our optimism as California and municipalities have put away the scalpel and taken a machete to barriers, a topic we discuss in our latest blog .

If you or clients want to legally increase your property's rental income and/or simply provide your family with additional segregated space, perhaps it’s time to revisit a project that is less maddening and more feasible in today’s relaxed regulatory regime.

The big curveball served to the rental property industry is the advent of statewide rent caps and eviction controls that are sure to become law with the stroke of the Governor’s pen.
There has been much confusion in reconciling state and local laws and many hypotheticals are being floated, but of course, you can count on our office to make sense of it all and share some of our preliminary thoughts here. 

A heartfelt thanks to our followers and we look forward to continuing the riveting discussion on new or morphing laws that impact your bottom line.

Dedicated to the success of your real estate business,

These pint-sized units have been touted as a small solution to a big problem, but many barriers have stood in the way. Until now.
Are you prepped for statewide rent caps and eviction controls? If you have questions, we have answers.
The Governor is expected to sign AB 1482, groundbreaking legislation that imposes rent caps on a substantial number of rental units previously exempted from rent control because of Costa-Hawkins. Moreover, the bill will impose "just cause" eviction requirements once a tenant has resided in the unit for 12 months, or 24 months if a roommate moves in. With a fixed-term lease, there must be an allowed reason for terminating the tenancy.

The statewide protections will not apply to housing built within the past 15 years, though it will apply to property previously exempt as “new construction” under Costa-Hawkins. The law will not apply to most single-family homes and condominiums, unless owned by a corporation, real estate trust, or an LLC when at least one member is a corporation.
Some preliminary thoughts...
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