Where a termination of a residential tenancy is for reasons that are defined as “no-fault” the owner is required to pay a relocation fee equal to one months rent at the time that the tenancy is terminated, i.e. the time the notice was issued.
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California Statewide Eviction Protections, Limitations, and Costs
The Tenant Protection Act contains many provisions that add complexity and cost to residential property leasing. It requires an updating of all lease agreements to comply with the law or to maintain exemptions to it that could cause costs. Additionally, it provides for relocation payments to certain tenants upon certain types of termination of the tenancy and restricts the ability of landlords to raise rents.
Continue readingCalifornia’s Statewide Rent Control AB1482
The Tenant Protection Act contains a number of provisions that will have a profound effect on landlords and will add to the cost and complexity of residential leasing. Among other things, it includes restrictions on rent increases and a relocation payment to tenants equal to one months rent at the time a landlord terminates a tenancy, and significant limitations on landlords ability to terminate leases.
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