AB 1436 – Learn More About The Latest California Rent Protections Bill

With the end of the State-wide eviction moratorium in California fast approaching, lawmakers have been scrambling to come up with ways to avoid a possible “eviction tsunami” that is poised to hit California once landlords are legally able to move forward with pursuing evictions in the courts once again.

Even though we reported recently that Doug Michie, a Ventura based lawyer, filed a lawsuit to stop the State of California’s eviction moratorium, this move didn’t last long.

AB 1436 – Could Allow Tenants To Delay Paying Back Rent For 15 Months

Assembly member David Chiu from San Francisco authored AB 1436, a bill which states that tenants cannot be evicted due to their unpaid rent which was accrued during the COVID-19 / Coronavirus emergency.

The bill also states that tenants will have 15 months after the end of Coronavirus to pay back all of their accrued rent while giving landlords the option to pursue eviction if their tenants miss paying rent in the future.

Even though many landlords in California have been making payment arrangements with their tenants who are behind on their rent. AB 1436 also allows landlords and tenants to make written repayment arrangements while adding safeguards so that tenants don’t end up owing more money than what they accrued during COVID-19.

What About Smaller “Mom and Pop” Landlords?

AB 1436 sounds like a fair and reasonable bill but is keeping the courts closed to aggrieved landlords the right thing to do?

With many “mom and pop” landlords in California depending on the income that they receive from their rental properties, it’s easy to see that AB 1436 could potentially create a “wave of defaults and foreclosures” since most landlords won’t be able to survive if they cannot collect the rent that’s owed to them.

July 2020 Is Going To Be A Vital Month In California’s History

Lawmakers are intent on stopping mass evictions but with little effort being made to protect the rights of owners, the future for the rental market looks bleak in California, to say the least.

If owners start defaulting, or selling their rental properties, this could lead to a further strain on the supply of rental properties in California and higher rents than what we have right now.

Regardless if you support the plight of tenants in California, landlords, or both, July 2020 is shaping up to be one of the most important months in California’s history as lawmakers work hard to stop mass eviction from happening in August.

With the end of California’s eviction ban scheduled for July 28th, it’s likely that we will see a “flurry of activity” in July as lawmakers work hard to protect tenants from evictions but that legislation could also adversely affect owners at the same time.

Either way, we encourage you to follow our blog for the latest updates on what’s happening in the California rental market so that you will be able to read the latest news affecting you.

Contact GoldenWest Management

Do you need property management for your California rental property? Or do you own rentals in Las Vegas or Phoenix that need property management as well? If so, we can help!

Our company specializes in property management and has the best property management team that will serve all of your needs. To learn more about the services that we can offer you, contact us today by calling (866) 545-5303 or click here to connect with us online.

California Rental Market News

There’s no doubt that California landlords have had a rough year in 2020 which started on January 1st when AB 1482, California’s “defacto” rent control bill was passed.

Following AB 1482, came Coronavirus, the deadly virus that’s impacted the entire world and has taken the lives of hundreds of thousands of people worldwide and shut down the California economy.

Sadly, COVID-19 has also been responsible for unprecedented unemployment in California and millions of renters across the state being unable to pay their rents.

With everything that’s happening due to the virus, you’d think that landlords have enough to deal with but, landlords have another issue on the horizon in the form of a new bill that’s been proposed, AB 828.

A row of new townhouses or condominiums.

What Is AB 828?

Proposed by Assemblyman Phil Ting, of San Francisco, if approved, AB 828 would force landlords in the State of California to reduce rents by 25%.

This bill has left every landlord in the state of California scratching their heads because of the obvious fact that AB 1482 already puts robust rent control measures in place so why do we need more legislation that’s only going to adversely impact landlords even more?

If it’s passed, AB 828 would force landlords to reduce rents by 25%, even if a tenant can’t show that they’ve had a financial hardship due to Coronavirus. This bill would also allow the courts to set rents and change agreements that are already in place.

What’s even worse is that under AB 828, nuisance tenants would also be protected by this bill and landlords would not have the ability to do things that they’ve done in the past like file unlawful detainer complaints.

How Can AB 828 Be Stopped?

Thankfully, as long as California is part of the United States, every person who lives in the state has the right to reach out to their elected representatives and have their voice heard.

To stop AB 828, landlords across the state are encouraged to reach out to their elected representatives as soon as possible and do their parts to stop this legislation from being passed.

Contact GoldenWest Management

To learn more about AB 828, or to speak with us about our property management services, contact us today at (866) 545-5303 or click here to connect with us online.