2019 turned the rental housing industry upside down – with rent caps, stricter tenant screening regulations, and increased tenants’ rights – and set precedent for the decade’s next rental housing laws. While we’ve seen rental housing trends rise and fall (remember the micro-apartment phase?), 2019’s new laws made waves so big we’ll likely see similar
While catching up to the latest rental housing laws at the end of each year can be a little intense, legislators had a field day with 2019. This year some crazy rental housing laws were passed… some good, some scary, and some downright surprising. Take a look at our top 5 craziest rental laws passed
If you have a renter who needs to be evicted, you might not be able to file for one before 2020. After California’s state-wide rent control and “just cause” eviction law passed, many cities and counties have been rushing within the last few months to enact temporary eviction ordinances to prevent rental property owners from
The state of New York has passed a law that would effectively ban the use of an eviction database scan when screening rental applicants. Signed into law on June 14th as part of The Housing Stability and Tenant Protection Act of 2019, Real Property Law section 227-F would penalize rental property owners who deny an
Housing unaffordability has plagued major metros across the U.S., as many young renters have sought living with roommates and family members to curb rental costs. The City of Seattle identified in their 2018 report, Losing Home: The Human Cost of Eviction in Seattle, that many renters are restricted from taking on roommates under their current
CIC has released the credit, criminal and eviction data for July through September 2019 and discovered that your tenant’s FICO scores trended downward. CIC’s quarterly data analysis highlights the number of rental applicants that have criminal and eviction records on their tenant background checks, as well as the average FICO credit score. Compared to the
While the rental housing industry in California has been abuzz about the latest rent control and “just cause” eviction law (more on that below), Gov. Newsom has passed five other rental laws. From extended rent increase notices to the mandatory acceptance of Section 8 vouchers, you won’t want to miss these other hot-off-the-press laws. Statewide
On Tuesday, October 8th, California Governor Newsom signed into law Assembly Bill 1482 imposing rent control and just-cause eviction rules and fees across California. After a long battle within the state, rental properties not currently covered by stricter rent control provisions will need to adapt to the upcoming changes by January 1st, 2020. Assembly Bill
Marketing your rental property to potential rental applicants is tricky enough, but marketing to a particular generation of renters can be even trickier. As times change, the needs and wants of renters can shift, and what you think might be a selling point on your property could prove to be the opposite. Take a look
Now that most state legislative sessions have come to an end, many states have enacted (or are considering enacting) new rental housing laws. To help you and your properties adjust, as well as stay aware of multifamily legislation around the corner, we’ve compiled our analysis of this year’s rental housing law trends. As you get