Note: The following is a general discussion on the specified topic or issue and may not be relied on as legal advice in any specific case or matter you encounter. You should review any applicable case, or matter with counsel experienced in this area of law and should not generally rely on the discussion in this Alert.
Date: September 25, 2019
To: All Scheer Law Group Clients and Affiliates
From: Spencer Scheer
Subject: State Wide CA Rent Control and Eviction Control.
By now many of you are aware that California has enacted state wide rent control. The following is a brief outline. All landlords and lenders should prepare. The good news is that you have until January 1, 2020 to do so.
The California legislature has passed legislation imposing statewide rent control in jurisdictions that do not already have local rent control. The governor has indicated that he will sign the legislation. Although the new legislation will not go into effect until January 1, 2020, actions taken now will impact landlords when the legislation becomes effective. Therefore, landlords need to understand the legislation now. Similarly, lenders who take possession of properties pursuant to foreclosures or deeds in lieu of foreclosure need to understand this legislation to avoid actions or inactions that may imperil their ability to sell those properties vacant
As noted, the legislation is technical and landlords need to take action now to protect their rights once the legislation goes into effect on January 1, 2020. Please feel free to contact Jonathan Seigel at SLG at (415) 491-8900, Ext. 107 to discuss.
Please call or email if you have questions about this case.
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