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Generally, 'new' means any building constructed after February 1, 1995 (per the 1995 Costa-Hawkins Act). [46] But for cities with existing rent control, 'new' is back-dated per the local rent control ordinance. [47] In those cities the enactment date of rent control determines what is 'new'.
The California code 1942.5 defines the legal aspects of its use and further goes on to prohibit Retaliatory eviction, for no less than 180 days, after a series of triggering events. [18] Some form of protection for tenants against retaliatory eviction is available in 42 State statutes and the District of Columbia laws.
Proposition 33, titled Expands Local Governments’ Authority to Enact Rent Control on Residential Property, and also marketed as the "Justice for Renters Act", was a California ballot proposition and initiative statute in the 2024 general election that would have repealed the Costa–Hawkins Rental Housing Act and allowed localities to enact ...
During the year and a half the program has been active, it’s provided more than $3.9 billion in rental assistance to more than 340,000 tenant households throughout the state, according to HCD data.
A rental agreement is a contract of rental, usually written, between the owner of a property and a renter who desires to have temporary possession of the property; it is distinguished from a lease, which is more typically for a fixed term. [1] As a minimum, the agreement identifies the parties, the property, the term of the rental, and the ...
A Lease-Purchase Contract, also known as a lease purchase agreement or rent-to-own agreement, allows consumers to obtain durable goods [1] or rent-to-own real estate [2] without entering into a standard credit contract. [1] It is a shortened name for a lease with option to purchase contract.
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