Emergent Market Trend: Statewide California Rent Control and Just Cause Eviction
CPM Admin • February 6, 2020
Emergent Market Trend: Statewide California Rent Control and Just Cause Eviction.
Hello California Property Owners! I have important insider information for you! I am Richard Miller Real Estate Broker and Property Manager. If you rent out your property the Tenant Protection Act of 2019 effects you!
The Act as it is written creates an insidious law that entraps owners, who are not aware of the new law or have not read it closely, to know what to do. The Act imposes a statewide rent cap of 5 percent plus inflation per year for the next 10 years and also provides residential tenants with “just cause” eviction protection.
The good news is that there is an exemption which removes these onerous limitations for Single-Family Homes and Condominiums. Provided that you, the owner, is not (1) a real estate investment trust, (2) a corporation or (3) a limited liability company in which at least one member is a corporation.
Consequently, in order to get the exemption, a disclosure must be made. If you don’t take action, then you lost some of your property rights, and will be bound to Rent Control and Just Cause Eviction procedures. One of these deceitful Just Cause Eviction provisions is paying one month of rent to have tenants move.
Here is the solution to claim the exemption: a notice must be sent to the existing tenants by July 1, 2020 informing them that the property is exempt. Each succeeding tenant must receive the exemption disclosure in order for you to stay in compliance and be exempt from the Act.
If you want a copy of the exemption form contact me. Protect your investment by helping get the word out. Feel free to share this video with others. Free Markets and financial freedom for we the People!
Here is the legal disclosure: County Property Management and Richard Miller cannot and does not warrant any provision or legal sufficiently of this disclosure and recommends that prior to execution and use that an attorney be consulted.
I am Richard Miller CA Real Estate Broker lic 00578068 for County Property Management. We service the areas of Camarillo, Thousand Oaks, Westlake Village, Newbury Park, Simi Valley, Moorpark, Somis, Oxnard and Ventura.
Learn how professional property management boosts rental income and reduces stress. County Property Management delivers expert landlord solutions.
Ensure smooth residential rental maintenance in California with top property management in San Bernardino County. County Property Management maximizes returns.
Learn about the 2024 California security deposit law changes. County Property Management keeps landlords & tenants informed on legal updates.
Explore ethical dilemmas in property management with County Property Management. Learn how to balance business strategy and integrity in real estate.
Maximize rental income with quality property management rentals. Get tenant screening reports in California and tenant background screening services today!
Discover the top tenant background screening services in 2025. County Property Management helps landlords find reliable tenants with secure screening.
Learn the right process for tenant eviction with County Property Management. Follow legal steps to protect your property and minimize risks.
Find reliable tenants with expert tenant screening tips from County Property Management. Ensure secure and hassle free rentals.
Struggling to sell? County Property Management helps turn your home into a profitable rental, maximizing returns while minimizing hassle.
Learn about common property rights disputes and how County Property Management helps landlords and tenants navigate legal challenges.
