VA Order Temporarily Allows Veteran-Buyers to Pay Commissions
The VA has introduced a temporary rule allowing Veteran homebuyers to pay buyer-broker commissions under specific conditions, addressing industry changes following the NAR settlement. This update provides flexibility for Veterans navigating evolving real estate practices while maintaining safeguards within VA loan requirements.
Security Deposit Maximums for CA Residential Landlords
Starting July 1, 2024, California law limits residential security deposits to one month’s rent, regardless of whether the unit is furnished or unfurnished. This update under AB12 replaces previous higher limits and includes specific exceptions for small landlords and service members.
June 2024 Q & A
A helpful June 2024 Q&A covering key landlord-tenant issues—from email communication in court to security deposits, eviction collections, month-to-month notices, and handling abandoned property. Learn practical insights for property owners and managers.
National Multifamily Market Report - March 2024
California’s multifamily rental market shows mixed trends, with Los Angeles rents slightly declining, San Francisco facing tenant retention challenges, and San Diego experiencing steady growth.
California lawmakers are advancing a new bill that could reshape rental policies by banning blanket no-pet rules. The proposal would eliminate pet rent, restrict pet-related questions on applications, and allow landlords to charge higher security deposits to offset potential pet damage.
Navigating Security Deposit Rules: Insights for California Landlords
California security deposit laws are evolving, with new limits under AB 12 taking effect in 2024. Learn how much landlords can charge, what deposits can be used for, and key compliance tips to avoid legal issues.
Impact Analysis of the “Justice for Renters Act”
The proposed “Justice for Renters Act” could significantly reshape California’s rental housing market by repealing the Costa-Hawkins Act. This change may expand rent control, limit landlord flexibility, and impact property values, raising concerns about housing supply and market stability.
Pet Ownership Statistics – Latest Numbers and Trends in 2024
Pet ownership continues to grow worldwide, with millions of households welcoming dogs, cats, and other animals into their homes. This guide breaks down the latest 2024 pet ownership statistics, trends by country, and insights into how pet ownership varies across regions.
Introducing New Property Manager/Realtor at Recovery Realty
Welcome Morgan Williams to Recovery Realty! Starting March 1, 2024, our boutique brokerage is growing as Morgan joins the team as a newly licensed real estate professional specializing in sales and property management.
Statewide anti-housing ballot measure threatens housing providers with extreme rent control
California’s upcoming election could significantly reshape the rental housing landscape. The proposed “Justice for Renters” Act aims to repeal the Costa-Hawkins Rental Housing Act, potentially expanding rent control statewide and impacting housing supply, property investment, and rental market dynamics.
What’s new in rental housing law for 2024
California’s 2024 rental housing laws introduce key updates affecting landlords and tenants alike—from security deposit caps and eviction rules to new protections for tenants with disabilities and those using rental subsidies. These changes aim to modernize rental practices while strengthening tenant rights across the state.
January 2024 Q & A
A practical Q&A guide for landlords covering key rental issues such as security deposits, lease violations, tenant responsibilities, eviction rules, and handling additional occupants—helping property owners stay compliant and informed.
The rental market is softening so fast in some pockets of the country that landlords have no choice but to offer concessions
The U.S. rental market is beginning to soften in several regions, prompting landlords to offer concessions like free rent or discounts to attract tenants. Despite near-record asking rents, rising vacancies and increased housing supply are giving renters more negotiating power, especially in the West and South where demand has cooled.
Rental Housing Laws for 2024
California’s 2024 rental housing laws introduce key changes affecting both landlords and tenants, including new limits on security deposits, updated eviction rules, and expanded tenant protections. These updates aim to create a more balanced and regulated rental market.
Is there still a ‘California exodus’?
Is the “California exodus” still happening? New U.S. Census data reveals a more nuanced picture—low inmigration, steady internal movement, and shifting opportunities for real estate and property management professionals.
Adding Property Manager as Additional Insured on the Owner’s Insurance Policy
Adding your property manager as an “Additional Insured” on your rental property insurance policy is a key risk management strategy. It helps protect both the owner and the management company by extending coverage, reducing legal complications, and ensuring a unified defense in case of claims or lawsuits.
July Legal Q & A
A practical legal Q&A for landlords covering VAWA applicability, lease obligations, tenant rights, security deposits, eviction procedures, and property management compliance.
June 2023 Q & A
A practical Q&A guide for landlords covering common rental issues—from pest responsibility and subleasing to eviction procedures, lease violations, and tenant disputes—along with recommended legal steps.
Rents soared 151%. Under California’s new law, tenants are getting a refund” by Ben Christopher, CalMatters.org
California’s rent control law is finally being enforced, as a landlord faces penalties for raising rents by 151% and unlawfully evicting tenants. The case highlights new protections limiting rent increases and requiring just cause for evictions.
How to minimize risks when your rental property is vacant
Vacant rental properties come with hidden risks—from water damage and break-ins to pest infestations. Without proper precautions, these issues can lead to costly repairs. Learn practical steps to protect your investment, including securing insurance, installing security systems, and maintaining the property even when unoccupied.