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California AB1482 Rent Control TLDR Analysis

-Rent Increases capped at 5% + Inflation (max 10%)

-Just Cause Eviction (No 30-60 Day Notices without reason for tenants occupying unit for more than a year).

-Applies to multi-family units. 

- Does not apply to Single Family Homes or Condos unless they are owned by Real Estate Investment Trusts, Corporations, LLCs where one member is a Corporation. You must give a specific verbatim notice or disclosure in the rental agreement that it doesn’t fall under the state rent control. 

-Goes into effect 1/1/2020-2030

-Doesn’t apply to units built after 2004 (more specifically, units that have had a certificate of occupancy issued within the last 15 years.) 

- Does not apply to owner-occupied units.

-Does not override local Rent Control Ordinances unless the local provisions are less restrictive. 

- Currently available 3 day notices to comply or quit are no longer sufficient to terminate the tenancy. A prior notice to cure or quit followed by a second notice to quit not stated in the alternative is required (instead of a second notice to cure or quit, it would be just a 3-day notice to quit)

-Relocation fee would be either 1-month worth of rent or waiver of last month’s rent.

-Any rent increases above the allowed amount occurring on or after March 15, 2019 will
be automatically modified to the maximum allowable increase on 1/1/2020 using the previous rent amount.

Court cases may modify this interpretation as it is only based on what is in the bill compared to what the law is currently.

Nathaniel Brown