This was expected to pass for a few months, and just happened now. The bill is expected to be signed in to law in a matter of days. Even municipalities with already existing local rent- and eviction-control ordinances may see a significant impact, because the statewide law will incompass buildings previously excluded through the year of completion (in San Francisco, it raises the cut-off from 1978 to 2004, a 15-year mark). As to the areas previously excluded, those where rents used to increase by large margins will be the first to feel the difference.
Showing posts with label "condo conversion". Show all posts
Showing posts with label "condo conversion". Show all posts
Wednesday, September 11, 2019
Friday, June 22, 2018
How Preemptive Is the Ellis Act?
On June 20, 2018, California Supreme Court denied review of Small Property Owners of San Francisco Institute v. City & County of San Francisco (2018) 22 Cal.App.5th 77, thus affirming its holding, striking a 10-year ban on alterations of non-conforming units following the Ellis Act evictions. The decision was reached on the preemption argument of the Ellis Act (Cal. Gov. Code § 7060 et seq.). How often it is a winning argument, and how universally its preemption is applied? Let us take a look at a few recent decisions.
Thursday, September 29, 2016
10-year ban on residential mergers following non-fault eviction is confirmed as invalid by the appellate court
On September 19, 2016, San Francisco homeowners got confirmed in their relief, when the appellate court affirmed our county court's decision to strike a 10-year ban on residential mergers, following a non-fault eviction. The decision became final on October 24 (3 Cal.App 5th 463). And yes, we are now in the fifth series of appellate decisions, since July 1, 2016.
Monday, July 20, 2015
New Units Added During Seismic Renovation Will Be Subject To Rent Ordinance
A recent new ordinance (coded 30-15, File No. 140954), introduced by Supervisor Wiener, allows for new rental units be added to existing structures during their seismic renovation, providing for necessary exemptions in the Planning Code. This ordinance was passed by the Board of Supervisors unanimously. What does it mean from the rental perspective?
Friday, December 19, 2014
2014 Developments in Real Estate in San Francisco
This looks like a perfect moment to look back and observe what's new on our real property scene and what changes were most notable in 2014. I can't climb down your chimney, but please accept as my present to you, this short summary of the most noticeable movements I assembled below:
Wednesday, April 16, 2014
The Times Are A-Changing: Pending Developments Affecting San Francisco Real Estate In 2014
There are several developments currently--and rapidly--changing the San Francisco real property scene, all worthy of attention: condo-conversions, Ellis Act, vacation rentals, changes in in-law apartments, and more, all actively brewing right before our nose. Here is the short summary of the developments as of today:
Saturday, February 1, 2014
Running Circles Around Planning Department: Start By Planning
Back in 2012, I've made a simplified flowchart of the steps required for a real estate homeowner or developer to handle the San Francisco Department of Building Inspection's notices of violation. This plan is still relevant today.
Monday, July 22, 2013
New Condo Conversion Ordinance
The famous condo conversion lottery is now suspended, and there are new rules now governing the process. The San Francisco Board of Supervisors adopted changes and amendments to the SF Subdivision Code, Sections 1396, 1396.4, and 1396.5. You can read a final version of the Ordinance No. 117-13 here.
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