The City of Los Angeles implemented many new laws affecting tenants and landlords; below are some that could affect you and your Loft.
- SB 567 – Changes to No-Fault Tenancy Terminations: Effective April 1, 2024, this bill revises requirements for “no fault” tenancy terminations under state law, which includes situations where tenants are evicted for reasons that are not their fault, like substantial remodels or owner move-ins. Landlords must now provide more detailed information in termination notices, adhere to strict occupancy requirements for owner move-ins, and face penalties for non-compliance (California Apartment Association).
- COVID-19 Renter Protections: Although initially instituted as a response to the pandemic, certain protections have been made permanent, like prohibitions on rent increases for units under the Rent Stabilization Ordinance (RSO) until January 31, 2024. The city has also implemented measures to aid tenants facing wrongful eviction through partnerships providing free legal assistance (Housing LA).
- Accessibility and Financial Criteria Changes: New state laws effective in 2024 emphasize accessibility and financial inclusiveness in renting. For example, renters with mobility disabilities in rent-controlled properties can now relocate to more accessible units without a rent increase. Additionally, Senate Bill 267 prohibits the use of credit history in rental applications for government-subsidized housing, promoting alternative proof of payment capacity (Home).
- Security Deposit Regulations: Security deposits are capped at one month’s rent for both furnished and unfurnished units from July 1, 2024. This cap aims to make move-in costs more affordable for tenants. Exceptions apply to owners with no more than two rental properties who can request up to two months’ rent (California Apartment Association) (Belong).
- Protections Against Illegal Occupancy and Credit History Discrimination: To protect homeowners from illegal occupancy, the validity of trespass letters has been extended from 30 days to 12 months. This allows for easier removal of trespassers by law enforcement. Moreover, there are new screening laws to prevent credit history discrimination, particularly for applicants receiving government rental subsidies, effective January 1, 2024 (Belong).
These laws reflect an evolving legislative landscape aimed at balancing the interests of tenants and landlords, enhancing tenant protections, and addressing affordability and accessibility challenges in the housing market.
