At the risk of redundancy, we emphasize the need to register rental units if local requirements apply, as clients are hamstrung in removing problematic tenants without being transparent with the city where their property is located. We survey several locales on rent registry requirements.
In a victory for the rights of property owners, a bill that would eliminate no-pet policies has been halted and other ominous bills have met their demise, but now is not a time for celebration.
Make no mistake, the assault on owners’ rights will continue and none more epic than efforts to repeal Costa-Hawkins with Weinstein 3.0. As the thermometer rises this summer, so will advertising for and against the decades-old law that limits the impulse of municipalities to impose increased rent control.
We understand that there is a silent majority of property owners who are going about their everyday lives and do not want to participate in the political fray. Our message to them is to get involved because if passed, the Justice for Renters Act will directly impact their bottom line and upend their rental business as they once knew it.
To prepare for the eventuality that this crackpot measure passes, we are proponents of legally raising rents to future-proof the business of investment property owners, and our office is happy to assist in accomplishing this goal.
Thank you for your continued engagement, and as a reminder, I’m accessible via email at daniel@bornstein.law.
Onward,
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