La Habra Property Management Company

For decades, California's housing policies have balanced rental limits with landlord freedoms, largely thanks to the Costa-Hawkins Rental Housing Act. Enacted nearly 30 years ago, Costa-Hawkins restricts cities from applying rent control to certain properties—specifically, single-family homes and apartments built after 1995. Additionally, it allows landlords to set rental rates freely when a new tenant...

California has introduced several important laws impacting landlords and tenants. Here’s a breakdown of the changes: 1. Security Deposit Limitations (AB 12)Effective July 1, 2024, AB 12 caps security deposits at one month’s rent for most residential rentals. Exceptions allow up to two months’ rent as a security deposit if the property owner is an individual or LLC owner of two or fewer...

California has introduced five crucial rent control laws in 2024 that impact landlords, tenants, and property managers. Here’s a breakdown of what’s changing: 1. Security Deposit LimitationsA new law now caps security deposits to just one month’s rent, significantly reducing the upfront cost for tenants. This replaces the previous standard of requiring two months’ rent, easing the financial...