Pending Legislation Will Push the Burden of Paying for General Obligation Bonds onto Rental Property Owners You may not even notice the small Bond Passthrough amount that your tenants pay each month. Under current law, rental property owners receive a 50% passthrough rate for increases on their property tax bill related to voter-approved General Obligation… Read More
Call To Action: Contact Your SF Supervisors to Protect a Valuable Income Stream for SF Landlords
Three Proposed Laws Landlords Need to Write Their Legislators About
On the heels of last year’s successful defeat of a series of tenant-friendly laws, Democratic Assemblymen David Chiu of San Francisco, Richard Bloom of Santa Monica and Rob Bonta of Alameda have introduced legislation proposing new tenant protections. The following laws, which aim to make it harder to evict tenants and extend timelines before evictions… Read More
Action Required: Write Your State Assemblymen to Stop AB1506
Greetings! Lawmakers have introduced a bill to repeal the Costa-Hawkins Rental Housing Act, landmark legislation that exempts new construction and single-family homes from local rent control laws. AB 1506 was introduced Friday, Feb. 17, the last day to propose bills in the 2017 California Legislature. Assemblymen Richard Bloom, D-Santa Monica; Rob Bonta, D-Oakland; and David Chiu, D-San… Read More