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While it is common for lease agreements between property owners and tenants to provide a grace period before late fees become effective, the guidebook says “a typical grace period waives the fee ...
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The late 1970s saw the second wave of rent control ordinances in California, and nationwide. [11] [12] Rising real estate values and surging interest rates made single family homes in California less affordable. Disappointed buyers often moved into apartments. A rental housing shortage appeared, rents went up.
The landlord-tenant relationship is defined by existence of a leasehold estate. [4] Traditionally, the only obligation of the landlord in the United States was to grant the estate to the tenant, [5] although in England and Wales, it has been clear since 1829 that a Landlord must put a tenant into possession. [6]
California voters rejected Proposition 21 by a margin of 59.9% to 40.1%. [7] This is the second time that California voters have rejected a rent-control measure at the ballot box. In 2018, California voters rejected Proposition 10, a similar rent-control measure, by a similar margin of 59% to 41%. [8]
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