At Golden State Property Management, staying on top of the latest legislation is a key part of how we ensure smooth and compliant property management for our clients. As we move into 2024, several new laws will impact property owners and tenants alike. Below is a summary of the most important changes that may affect your rental operations:
Screening Fee Receipts
Landlords and tenants can now agree to use email for delivering screening fee receipts, offering greater convenience. Previously, these receipts were required to be mailed or hand-delivered. This new process streamlines tenant screening. *(AB 1765)*
Trespass Letters Extended
Trespass letters, also known as 602 letters, now last for 12 months instead of 30 days. These letters allow property owners to work with local law enforcement to remove trespassers from vacant properties without going to court. *(SB 602)*
Security Deposit Caps
Starting July 1, 2024, security deposits will be capped at one month’s rent for most rental properties. Owners of two or fewer properties with no more than four total units are allowed to request up to two months’ rent. This change could affect how owners protect their properties financially. *(AB 12)*
Storage of Micromobility Devices
Tenants are now permitted to store e-bikes and e scooters in their rental units, provided the batteries meet safety standards. If not, landlords can impose certain insurance requirements or prohibit in-unit charging. Secure storage alternatives may also be provided by the landlord. *(SB
712)*
Just Cause Eviction Rules
Changes to the Tenant Protection Act of 2019 now include stricter requirements for eviction notices when owners or their family members plan to move into a unit or when substantial renovations are needed. Penalties for non-compliance have also been introduced. *(SB 567)*
Costa-Hawkins and Permanent Disabilities
Rent-controlled tenants with mobility-related disabilities can now request to move into a comparable or smaller unit within the same building without a rent increase, provided certain conditions are met. This applies to buildings with at least four units. *(AB 1620)*
Credit History and Government Rental Subsidies
Landlords are now prohibited from using a tenant’s credit history as a reason to reject an application if the tenant is receiving a government rental subsidy, like Section 8. Tenants must be given the option to provide alternative proof of their ability to pay rent. *(SB 267)*
These updates underscore the importance of professional property management, especially as the laws evolve to protect tenants and landlords. At Golden State Property Management, we make it our mission to keep you informed and compliant with the latest regulations.
Contact Us
We invite you to reach out with any questions about how these new laws may affect your properties or if you’re looking for a management partner who understands the intricacies of California rental law. Experience peace of mind with Golden State Property Management! Contact us today to learn more!
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