Assemblyman Matt Haney introduced AB 12, a significant piece of legislation aimed at addressing security deposits in residential rentals. This bill, which was approved by Governor Newsom on October 11, 2023, brings notable changes to the way landlords can collect and handle security deposits. Starting from July 1, 2024, residential Read more
On March 4, 2021, California Governor Newsom signs executive order which would give local governments the authority to extend the halt of commercial evictions through June 30, 2021 for those commercial tenants that have been impacted by the pandemic. For more information of Executive Order N-03-21, click the link below: Read more
Assembly Bill 1199 was introduced on February 18, 2021 by Assemblyman Mike Gipson which is intended to implement an annual excise tax for the privilege of renting/leasing out qualified properties. Should this Bill pass, it would take effect immediately upon the signing of Governor Newsom. To learn more on this Read more
The SBA and Treasury announce the re-opening of the Paycheck Protection Program. Click the link below for more information: https://www.sba.gov/article/2021/jan/08/sba-treasury-announce-ppp-re-opening-issue-new-guidance
On January 25, 2021 California Governor Newsom, along with state legislators announced an agreement to extend the eviction moratorium through June 30, 2021 for those impacted by the pandemic.
California Assembly Member David Chiu introduced a residential bill this week in hopes of extending the eviction moratorium. You may recall that earlier in the year, Governor Newsom signed AB 3088, which provided protection through January 31, 2021 to tenants who were experiencing pandemic related hardships. If passed, it appears Read more
On September 23, 2020 Governor Newsom signed an executive order allowing local jurisdictions to continue the ban on commercial evictions until March 31, 2021 for those tenants that have been affected by the pandemic. Click on the link below for full details Executive Order N-80-20
On August 31, 2020, Governor Newsom signed AB 3088 which protects tenants from eviction due to COVID-19 related hardships through January 31, 2021. This includes related hardships accrued between March 4, 2020 – August 31, 2020 if the tenant provided a declaration of hardship within the legislation’s timeline. Also included Read more
The Judicial Council of California has voted 19-1 to end the state’s moratorium on foreclosures and evictions that is currently in effect through midnight on September 1st. The legislative branch; however, continues to negotiate a solution by proposing: AB 1436 which seeks to extend the rent moratorium for 15 months Read more
On June 30th California’s Governor Newsom signs Executive Order N-71-20 allowing rent moratoriums to be extended until September 30th. This order also addresses the extension of several other measures in earlier orders by 60 days in response to the pandemic. Click on the link below for full details: Executive Order Read more