The state of California has recently implemented two new laws that have a significant impact on landlords and tenants. As a property management group in Sacramento, it is important to understand these laws and how they may affect your business.

AB 12: Tenant Protection Act of 2023

AB 12, also known as the Tenant Protection Act of 2023, was passed to address the state’s affordable housing crisis and protect tenants from eviction. This law places limits on rent increases and provides new protections for tenants.

• Rent Increases: Under AB 12, landlords are now limited to increasing rent by a maximum of five percent per year plus the local rate of inflation. This is a significant decrease from the previous limit of ten percent.
• Just Cause Evictions: Landlords are now required to provide a valid reason, or “just cause,” for evicting a tenant. These reasons include failure to pay rent, violating the lease agreement, or causing a nuisance on the property.
• Tenant Relocation Assistance: In certain cases, if a tenant is evicted without just cause, landlords are required to provide relocation assistance to help cover the cost of moving.

SB 567: Protecting Tenants from Foreclosure

SB 567 was passed to protect tenants from being displaced due to foreclosure on their rental property. This law ensures that tenants are given proper notice and have the opportunity to stay in their home under new ownership.

• Notice of Foreclosure: If a rental property is foreclosed, the new owner must provide tenants with at least 90 days’ notice before evicting them.
• Right to Continue Tenancy: Tenants have the right to continue their tenancy under the terms of their original lease agreement, unless the new owner plans to occupy the unit as their primary residence.
• Tenant Protections: Under SB 567, tenants are also protected from eviction due to foreclosure if they have a Section 8 voucher or live in a rent-controlled unit.

As a property management group in Sacramento, it is important to understand and comply with these new laws. By staying informed and following the regulations set forth by AB 12 and SB 567, you can ensure that your business is operating within the boundaries of the law and providing a fair and secure housing environment for both landlords and tenants. So, it is crucial to keep up with any changes or updates in these laws to provide the best service possible for our clients. With this information, we can navigate the new landscape and continue to effectively manage properties while staying compliant with California’s regulations. We are dedicated to providing excellent service and ensuring that our clients’ investments are protected under these new laws. Together, we can make the rental market in Sacramento a fair and equitable place for all parties involved. So, as property managers, we must prioritize staying up-to-date on these laws and advocating for the rights of both landlords and tenants. Let’s navigate this new landscape together. Let Sacramento Property Management Group be your trusted partner in navigating these changes and protecting your investments. Remember, knowledge is power, and we are here to help you stay informed and successful in the ever-changing world of property management. Contact us today for more information on how we can assist you with your property management needs.

How AB 12 Impacts Landlords

AB 12 places stricter regulations on landlords, particularly in regards to rent increases and evictions. This means that property owners must carefully consider any rent increases and ensure they have just cause for any eviction proceedings. Failure to comply with these new regulations can result in legal consequences and potential financial losses.

How SB 567 Protects Tenants and Landlords

SB 567 aims to protect both tenants and landlords in the event of a foreclosure on a rental property. By providing tenants with proper notice and allowing them to continue their tenancy under new ownership, this law helps prevent displacement for tenants and potential financial losses for landlords. It also ensures that tenants are not unfairly evicted due to circumstances beyond their control.

FAQs  about AB 12: Tenant Protection Act of 2023

What is AB 12: Tenant Protection Act of 2023?

AB 12, or the Tenant Protection Act of 2023, is a California state law that aims to provide stronger protections for tenants against unfair rent increases and evictions.

When will AB 12 take effect?

AB 12 was signed into law in October 2019 and will take effect on January 1, 2023.

Who does AB 12 apply to?

AB 12 applies to all rental units in California, including single-family homes and apartments, except for those already covered by rent control ordinances.

What protections does AB 12 provide for tenants?

AB 12 caps annual rent increases at 5% plus inflation, prohibits landlords from evicting tenants without a just cause, and allows local governments to implement stricter rent control measures.

How does AB 12 affect landlords?

AB 12 places limitations on the amount of rent that landlords can increase each year and requires them to provide valid reasons for evictions. It also limits their ability to convert rental units into condos or other forms of ownership.

Can landlords still increase rent under AB 12?

Yes, landlords can still increase rent, but it cannot exceed 5% plus inflation in a single year.

What are some examples of just causes for eviction under AB 12?

Just causes for eviction under AB 12 include failure to pay rent, violation of lease terms, or criminal activity on the property.

Can tenants be evicted for no reason under AB 12?

No, landlords cannot evict tenants without a just cause under AB 12.

How does AB 12 affect rent control ordinances already in place?

AB 12 allows local governments to implement stricter rent control measures, but it does not override existing ordinances.

Is AB 12 permanent?

No, AB 12 is currently set to expire on January 1, 2030, but it can be extended or amended in the future by the state legislature.

Can tenants use AB 12 as a defense against evictions or unfair rent increases?

Yes, tenants can use AB 12 as a defense in court if they believe their landlord is violating the law. It is important for tenants to understand their rights under AB 12 and seek legal help if needed. Overall, AB 12 aims to provide more stability and protections for tenants in California’s rental market. As a tenant, it is important to familiarize yourself with this law and know your rights in order to advocate for fair treatment from landlords. Additionally, landlords should also stay informed about AB 12 and ensure they are complying with its regulations to maintain a positive and lawful relationship with their tenants. For more information on AB 12 and how it may affect you, it is best to consult a local attorney or housing agency.

Note: This content is not intended to be legal advice.

FAQs about AB 12: Tenant Protection Act of 2023SB 567: Protecting Tenants from Foreclosure Act

How does AB 12 differ from SB 567?

AB 12 focuses on providing protections for tenants in the rental market, while SB 567 specifically addresses tenant rights during foreclosure proceedings.

What rights do tenants have under SB 567?

Under SB 567, tenants are entitled to a notice of at least 90 days before being evicted due to foreclosure, and they have the right to continue their lease until it expires.

Who is covered by SB 567?

SB 567 applies to tenants living in properties that are being foreclosed upon, including single-family homes and rental units.

Are there any exceptions to the protections under SB 567?

Yes, there are some exceptions for certain types of tenancies, such as commercial properties and units subject to certain government restrictions.

How does SB 567 affect landlords?

Landlords are required to provide tenants with a written notice of foreclosure within 30 days of receiving notice from the lender. They must also honor existing leases and cannot evict tenants without just cause.

Can landlords still collect rent during foreclosure proceedings?

Yes, landlords are still entitled to collect rent from tenants during foreclosure proceedings.

What happens to a tenant’s security deposit under SB 567?

Landlords must return a tenant’s security deposit within 21 days of the termination of the tenancy, unless they have valid reason to withhold it.

Is SB 567 permanent?

Like AB 12, SB 567 is currently set to expire on January 1, 2030, but can be extended or amended in the future.

Can tenants use SB 567 as a defense against eviction?

Yes, tenants can cite SB 567 as a defense in court if they believe their landlord violated the law during foreclosure proceedings.

How does SB 567 affect renters with Section 8 vouchers?

Under SB 567, tenants with Section 8 vouchers are entitled to the same protections as other tenants during foreclosure proceedings. Landlords cannot terminate their lease or refuse to accept rent payments from third-party sources.

What resources are available for tenants facing eviction or unfair treatment under AB 12 and SB 567?

Tenants can seek assistance from local housing agencies, legal aid organizations, and tenant rights groups. It is important to know your rights and seek help if you feel they are being violated. Overall, both AB 12 and SB 567 aim to protect tenants from unfair treatment in the rental market and during foreclosure proceedings. As a tenant, it is crucial to stay informed about these laws and know your rights in order to advocate for fair treatment from landlords. Landlords should also familiarize themselves with these laws and ensure they are complying with their regulations to maintain a positive and lawful relationship with their tenants. For more information, consult a local attorney or housing agency.

It is important to stay up-to-date on these laws and ensure compliance in order to effectively serve both landlords and tenants in the ever-changing landscape of California’s rental market. By understanding AB 12 and SB 567, we can continue to provide quality services while navigating these new regulations. So, our team at Sacramento Property Management Group is committed to staying informed and helping our clients navigate these changes smoothly. We strive to find the balance between protecting the rights of both landlords and tenants, while also promoting a fair and stable rental market in California. With AB 12 and SB 567 in place, we are confident that we can continue to serve our community while adapting to this new landscape.