Here in 2024, California continues to reduce protections, increase business costs, and generally make being a landlord more difficult, for Property Owners and Property Managers. AB 12 passed,
Property Owners and Property Managers Beware
Dated: November 20 2023
Views: 711
California recently passed a law prohibiting Property Managers and Property Owners from using a person's credit history to qualify potential tenants if they have a Government Rental Subsidy.
Credit History – Governmental Rental Subsidy – This law prohibits rental property owners from using a person’s credit history as part of the application process – if they have a government rental subsidy, such as Section 8 — without offering the applicant the option to provide alternative evidence of a verifiable legal means to pay their portion of the rent. SB 267 was authored by Sen. Eggman (D-Stockton).
It is not clear what "alternative evidence of a verifiable legal means to pay their portion of the rent" includes, but it sounds disturbingly broad. The State continues its erosion of Property Owners' rights and control over their property by forcing them to enter into lopsided contracts with Government Agencies. It is increasingly difficult and treacherous to be a Property Owner or Property Manager in California.
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California recently passed a law prohibiting Property Managers and Property Owners from using a person's credit history to qualify potential tenants if they have a Government Rental Subsidy.
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