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Costa–Hawkins changed this by allowing an apartment owner the right to rent the vacancy at any price (i.e., usually the market price). [5] [6] In 2019, the California legislature passed and the governor signed AB 1482, which created a statewide rent cap for the next 10 years. [7]
A real estate license must be obtained from the DRE in order to engage in the real estate business and to act in the capacity of a real estate broker or salesperson within the State of California. Before applying for a license, all education and experience requirements mandated by the Department must be fulfilled. [5]
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Renters Act", was a California ballot proposition and initiative statute in the 2024 general election that would have repealed the Costa–Hawkins Rental Housing Act and allowed localities to enact ...
Mike Nemeth, a spokesperson at the California Apartment Association, said lease agreements will be affected by the new laws depending on when laws go into effect and when your lease is signed.
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How to California — a guide to help you live, work and enjoy life in the Golden State, is here to help. We’ll answer your questions — big and small — about state laws, history, culture ...
The Housing Accountability Act (HAA) is a California state law designed to promote infill development by speeding housing approvals. The Act was passed in 1982 in recognition that "the lack of housing, including emergency shelter, is a critical statewide problem," and has also been referred to as "the anti-NIMBY law."
The California Apartment Assn. says the measure will increase spending on patient care and, by permanently allowing the state to negotiate Medi-Cal drug prices, will lock-in "billions of dollars ...