Under a settlement deal with San Francsico, Recology will refund a portion of rate hikes paid by Recology customers between 2017-2020 that disgraced Public Works Director Mohammed Nuru approved. During the City’s negotiations with Recology, Nuru allegedly accepted over $1 million in bribes from Recology.
Is Your Property a Good Investment?
While many of our clients are savvy investors, we have just as many clients who are just looking to pad their nest egg and think an investment property is a good option or inherited a property that they would like to keep in the family. Because a property is a tangible investment, you can see… Read More
New Legislation Creates A Housing Inventory And Requires Owners To Report Information About Their Units
Ordinance No. 265-20, which became effective on January 18, 2021, requires owners of residential housing units in San Francisco to begin reporting certain information about their units to the Rent Board. The Rent Board will use this information to create and maintain a “housing inventory” of all units in San Francisco that are subject to the Rent Ordinance.
2019 San Francisco Rent Board Rates
The March 1, 2019 – February 29, 2020 San Francisco Rent Board Rates have been released. They are as follows: Allowable Rent Increase 2.6% Security Deposit Interest 2.7% 2018-2019 Property Tax Rent Board Fees that Can Be Charged to Tenants $22.50 This is the largest allowable increase I have seen in my… Read More
New Fire Safety Ordinance
In August 2016, the San Francisco Board of Supervisors passed new legislation aimed at promoting fire and life safety, reducing the risk of fires and preventing property damage from fires. The new laws, which have been incorporated into the San Francisco Fire Code, establish new requirements for residential building owners. The new requirements include having… Read More
Annual Building Inspection Checklist
As the active rental season ends, but before the busy holiday season starts, I want to take this opportunity to remind all my clients and contacts to inspect their buildings to make sure they comply with all habitability requirements and have no issues that pose a threat to the continuity of their buildings or the… Read More
California Apartment Association Working to Passthrough Legislation to Support Landlords
The California Apartment Association is working with the California State Legislature to passthrough legislation that would benefit landlords. Several pro-housing bills made progress this week by making their way out of their respective committees. Legislation affecting density, including the legalization of in-law units, is included in the legislation, which would make it easier for property owners… Read More