Property Management News
The Los Angeles City Council on Tuesday approved a law that will require hosts of short-term rentals, including Airbnbs, and hotels to obtain a police permit. City Council President Paul Krekorian and other backers of the proposal said the permit requirement will help the city crack down on party houses and properties that draw illicit behavior. More broadly, it will create a new regulatory hurdle for short-term rental and hotel operators, allowing the City Council and neighborhoods to challenge the issuance of the permits. The council voted 14 to 0 in favor of the law. Councilmember Kevin de León was absent. Despite supporting the police permit requirement, some council members... Read more
City council votes to cap rent hikes at 6% The details: The proposal will allow rent hikes of 4% beginning on Feb. 1, 2024, with an additional 2% increase permissible...
Governor Newsom recently approved multiple state housing bills passed by the State Assembly and Senate. The following is a summary of a few of the key bills that are...
Cases involving property law rarely reach state supreme courts. However, two cases are pending before both the Supreme Courts of New Jersey and Pennsylvania – and...
Los Angeles County supervisors voted Tuesday to extend — and slightly increase to 4% — a soon-to-expire cap on rent increases, sparing tenants in unincorporated...
Due to unprecedented rainfall and disastrous flooding, New York laws require that sellers of residential properties disclose to buyers, and landlords disclose to tenants, known flood risks. NY RESIDENTIAL LEASE DISCLOSURES NY Real Property Law Sec. 231-B, effective June 21, 2023, requires every residential lease disclose any prior flood damage to the leased premises due to a natural flood event, such as heavy rainfall, coastal storm surge, tidal inundation, or river overflow, that the landlord knows or reasonably should know has occurred to such premises and the nature of any such damage. The lease must also disclose whether the property is within a FEMA designated floodplain or... Read more
Rent control is a popular topic among landlords. Many cities have implemented it to protect tenants and stabilize rents. Landlords must know the dos and don’ts of...
Verification forms play a pivotal role in property management offices, particularly when handling requests for reasonable accommodations or modifications under the Fair...
By Nate Bernstein, Esq., Managing Counsel, LA Real Estate Law Group Every property manager, owner, or general partner has had the nightmare tenant- that calamity Jane...
In today's rapidly-evolving digital landscape, it's easy to overlook the significance of traditional forms of communication, such as phone calls, in the...
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