Our team at Coastline Equity has important updates for you regarding new rental property laws in the City of Los Angeles. The city has introduced additional regulations for all rental properties, including single-family residences, and it's vital for property owners and managers to be aware of these changes. Let's dive into what you need to know.
New Notice Requirements for Tenants
Starting with tenancies that commence or are renewed on or after January 27, 2023, landlords are required to provide a notice outlining the summary of protections. The City has prepared a Notice that complies with this new law (Ordinance No. 187737), which must also be displayed in an accessible common area of the property.
Updated Tenant Protections
Here's a quick rundown of the new tenant protections:
Relocation Fees and Termination Notices
Relocation assistance is mandatory for all no-fault evictions. For single-family dwellings, the relocation fee is equal to one month's rent, but only if the owner is a natural person and owns 4 or fewer residential units in Los Angeles. The relocation fees range from $9,200 to $22,950, and landlords can deduct unpaid COVID rental debt from the relocation amount due.
Lastly, be aware that all notices to terminate must be sent to the city within three business days of service on the tenant.
Navigating the Eviction Process
Navigating the eviction process and complying with tenant protections can be complex. We highly recommend working with a qualified real estate attorney to ensure that your lease agreements are legally sound and that you are following all renter protections and landlord obligations in your jurisdiction.
As your trusted property management firm, Coastline Equity is here to help you stay informed and navigate these new regulations. If you have any questions, don't hesitate to reach out to our team!
Our team will handle all your property needs, offering specialized services such as in-depth inspections, liability management, staff recruitment and training, and round-the-clock maintenance—expert support tailored to the unique requirements of your real estate assets.
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Anthony has established himself as a leading voice in the business community. Through his contributions to Forbes, Anthony is set to publish his first book, "Property Management Excellence" in April 2025 with Forbes Books.
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