The Impact Proposition 33 Would Have on Rent Control

In Southern California, about a dozen cities have enacted various forms of local rent control to regulate rental prices and protect tenants. Proposition 33, if passed, would make these regulations even tougher.

Proposition 33 marks a significant shift in California real estate law, granting local governments the authority to impose stricter rent and eviction controls on properties that have historically been exempt. As a landlord, these changes may significantly impact how you manage your properties.

If you have questions about how Proposition 33 could affect your properties, or are concerned about other regulations that apply to your rental properties, feel free to reach out to our firm. We’ll help you navigate the laws and provide the legal assistance you need to stay compliant and protect your investments.

Transcript: 

About a dozen cities in Southern California have some form of local rent control. A new law’s coming down the pipeline, Proposition 33, which will allow cities to enact tougher forms of rent control, which will put a major dent in landlord’s pockets.

Hi, my name is Edrin Shamtob, and I’m a licensed California attorney with more than a decade of experience in the real estate law field. My goal is to help property owners and landlords understand laws that will impact their rental properties.

California Proposition 33: Rent Control

Proposition 33 is California’s newest effort to expand rent control. There are three major aspects of Proposition 33 that you should be aware of.

Single-Family Properties

First, historically, single-family properties have been exempt from local rent control ordinances. Prop 33, however, will authorize cities to impose rent and eviction controls even on single-family properties.

New Tenant Rental Rates

Second, if passed, Proposition 33 will prevent landlords from setting their own rental rates when a new tenant moves in. Instead, local governments will dictate how much you as a landlord can charge, even for new tenants.

New Construction Rental Rates

Third, new property constructions have historically been exempt from local rent control laws. Proposition 33 would permit local cities to not only regulate older buildings but also impose rent and eviction controls on new construction.

Contact SNS Law Group to Navigate Rent Control Laws

New laws can always be difficult to deal with as a property owner. If you need help navigating these new laws, feel free to give us a call. We’d be happy to help in any way we can.