What does a notice of AB 1482 mean?

A notice of exemption from AB 1482 is a notice that lets your tenants know that your rental property is exempt from AB 1482. This bill sets the maximum rent increase in California to 5\% plus CPI, or at 10\% (whichever is lower) per a 12 month period.

What does it mean to be exempt from AB 1482?

AB 1482 will exempt single-family homes, townhouses and condos, except when owned by corporations or Real Estate Investment Trusts. It also will exempt duplexes when one unit is occupied by the owner.

Can landlords evict tenants right now in California?

Current law shields tenants from eviction if they’ve paid at least 25\% of their rent between Sept. And tenants cannot be evicted over any rent owed between March 1, 2020, and Aug. 31, 2020 — as long as they respond to their landlord’s eviction notice with a signed declaration of COVID-19-related financial distress.

Who is covered under AB 1482?

On January 1st, 2020, Governor Newsom approved California Assembly Bill 1482 (AV1482), a statewide rent control law that allowed most residential property owners to only have a 5\% annual rent increase, plus the price of inflation, as determined by the Consumer Price Index (CPI).

When a tenancy protected by AB 1482 is terminated for any no fault just cause the landlord must?

“Just Cause” Tenant Protections Under AB 1482, landlords must have a “just cause” to evict tenants who have lived in a unit for at least one year.

Is AB 1482 rent controlled?

What properties are exempt from rent control in California?

Other properties exempt from rent control include owner-occupied buildings with no more than three or four units (depending on local regulation), short-term rentals (think Airbnb), government-subsidized tenancies (Berkeley and San Francisco excluded), and detached (“granny”) units that could not be sold independent of …

Can a landlord terminate a month to month lease without cause in California?

By the California Civil Code, a landlord can terminate a month-to-month tenancy for any reason, simply by serving notice. The notice does not have to say why the landlord wants you to move out.

How much can a landlord raise rent in California 2021 month to month?

Rent increases cannot exceed 5\% plus the percentage of annual increase in the cost of living adjustment promulgated by the U.S. Department of Labor, Bureau of Labor Statistics. The total increase is capped at 10\% annually, and only one increase is allowed in any 12 month period.

What does ab 1482 (“the California Tenant Protection Act of 2019”)?

General info: What does AB 1482 (“the California Tenant Protection Act of 2019”) do? Statewide law that goes into effect on January 1, 2020 and expires on January 1, 2030. Requires a landlord to have a “just cause” in order to terminate a tenancy.

What is the maximum rent increase allowed under AB 1482?

Rent Increase Limits under AB 1482 For covered units, annual rent increases are limited to no more than 5\% plus the percentage change in the cost of living for the region in which the property is located, or 10\% whichever is lower.

Does ab 1482 apply to me in California?

Given the number of exemptions to AB 1482, however, there’s a good chance that the California law won’t even apply to you (although a local rent control ordinance still will). Does SB 91 Affect AB 1492?

What is California’s New Rent Control Law?

On January 1st, 2020, Governor Newsom approved California Assembly Bill 1482 (AV1482), a statewide rent control law that allowed most residential property owners to only have a 5\% annual rent increase, plus the price of inflation, as determined by the Consumer Price Index (CPI).