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FAA
FOOTHILL APARTMENT ASSOCIATION LNEWS UPDATE
ocation, location, location,” goes the properties. All of the information, including forms to punchline; the three most important use can be found at:
things to know about real estate. Over the past five years this has come to be no joke with regard to the legal side of running your rental property. Knowing specifically which jurisdiction your property falls under is paramount to making wise decisions.
The most important distinction is whether or not your property is in one of the many unincorporated areas of L.A. County. For the region we serve we are talking about Altadena, East Pasadena, East San Gabriel, South San Gabriel, Montrose, Hacienda Heights, West Whittier, West Covina, and Mayflower Village. Each of the areas are under the jurisdiction of the L.A. County Rent Stabilization Ordinance.
It is important that if you own a rental property in the County Unincoprporated jurisdiction that you: 1) Register your property with the County and 2) Notify your tenants of the status of the property. Multi-family units are all rent stabilized properties, single family homes are protected by the just-cause eviction clause of the ordinance and are to be registered as Just-cause
https://dcba.lacounty.gov/rentstabilizationprogram/ which you can find the link to from our faaonline.net resources page.
If you own or are considering purchasing a property in any of the incorporated cities in the region, it is important to consider any local city ordinances. For example, in Glendale there is a right-to-lease ordinance affecting all multi-unit properties of 5 units or more. In Pasadena there is a tenant protection ordinance that applies to all multi-family properties. One can look these up on the respective city websites which often have a page regarding rental housing and links to their civil code.
Our own Foothill Apartment Association website, faaonline.net, has links to the various city’s websites via the Resources page. We also cover some of the more recent ordinances, complete with links to the ordinance, on our legal pages. Our forms page also has the various notifications required by state and local municipalities.
All content within this column is provided for general information only and should not be treated as a substitute for the legal advice of your lawyer or any other financial or legal professional. The FAA is not responsible or liable for any decision made by a reader based on the content of this article. The FAA is not liable for the contents of any external internet sites listed, nor does it endorse any commercial product or service mentioned or advised on any of the external sites listed.
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