California has passed statewide rent control this month (AB 1482), ignoring the will of the people who voted 62% to 38% against a different piece of rent control legislation (Proposition 10) just under a year ago in November of 2018.
While Prop 10 sought to repeal Costa-Hawkins, which would have allowed individual cities in California to enact their own forms of rent control, the AB 1482 form of rent control creates a just cause requirement for tenancy terminations and an annual cap on rent increases.
This law was signed by Governor Newsom on October 8, 2019 and goes into effect on January 1, 2020.
So what does AB 1482 mean for you as a California landlord? We're going to break it all down right here for you.