The way landlords handle security deposits is about to change in several major ways. The California security deposit law (officially recognized as Assembly Bill 12) takes effect on July 1 and will limit how Golden State landlords collect and handle security deposits. JohnHart Commercial Real Estate has the details. The One Month’s Rent Limitation Photo credit: Envato Pos...

• calendar_month May 28, 2024
• category Commercial Real Estate
• post California, Housing, Laws and Regulations, Los Angeles, real estate, renting, resources

The rain has finally arrived in Southern California, but January’s historic wildfires continue to cause turmoil. Yet this time, the problems are legislative. Last week, Los Angeles city officials dismissed a proposed citywide rent freeze. The suggested changes follow allegations of price gouging that also inspired a slew of stricter price gouging laws.  The Rejected Rent Freeze Or...

• calendar_month February 19, 2025
• category Commercial Real Estate
• post Current Real Estate, Laws and Regulations, Los Angeles, multi-family, resources