The way General Obligation Bond Passthroughs are calculated has changed.
In addition, Tenant Financial Hardship Applications used to only apply to some of the Passthrough. Now, it applies to the whole Passthrough.
Requires that where an owner obtains an exemption from the Conditional Use Authorization requirement to remove an unauthorized unit from a qualifying single-family home, the single-family home shall be subject to the rent increase limitations of the Rent Ordinance.
AB 12 amends California Civil Code Section 1950.5 to limit the maximum security deposit for a dwelling unit to one month's rent, regardless of whether the unit is furnished or unfurnished.
A tenant can have a tenant association representative present during the meetings with the landlord. Landlords must remain in attendance at meetings of the full tenant association until the end of the meeting (up
to two hours). Additional clarifying definitions have been added.
Buildings where the owner has obtained tax-exempt multifamily revenue bonds are not automatically exempt from the rent increase limitations of the Rent Ordinance.
