Security Deposit Cap (Assembly Bill 12): Starting on July 1, 2024, landlords will only be allowed to request a security deposit equivalent to one month’s rent for both furnished and unfurnished units. This is aimed at reducing the financial burden on tenants, especially in a market where move-in costs have become quite high. However, smaller landlords (those with fewer than two rental properties and no more than four units) are still permitted to request up to two months' rent for security deposits
Eviction Protections and Tenant Relocation (Senate Bill 567): If a landlord plans to reoccupy their rental unit, they must do so within 90 days and remain there for at least 12 months. This law also applies if the property is being taken off the market for at least 10 years. Additionally, for significant remodels, landlords must provide tenants with permits or contracts and offer them a right to return if the renovation is incomplete(
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Credit History Non-Discrimination (Senate Bill 267): Effective January 1, 2024, landlords cannot solely rely on a tenant's credit history when screening applicants who receive government housing assistance. Instead, they must accept alternative forms of financial proof, such as bank statements or benefit records, giving more individuals access to housing opportunities(
Protections Against Illegal Occupancy (Senate Bill 602): This law extends the validity of trespass notices to 12 months, making it easier for landlords to remove squatters or illegal occupants from their properties without going through lengthy legal processes. This change is particularly beneficial for landlords who may not live near their rental properties(
These legal changes represent a shift towards more tenant protections and stricter regulations on landlords, particularly around affordability and fairness. Staying informed about these laws can help both landlords and tenants navigate the evolving California rental market.
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