COVID-19 UPDATE: Los Angeles Mayor Orders Rent Freeze
On Monday, Los Angeles Mayor Eric Garcetti announced that landlords would not be allowed to increase the rent for about 624,000 apartments that fall under the city’s rent stabilization program. Single-family rentals and most newer apartments, neither of which are subject to rent control under state law, will remain unaffected by Garcetti’s executive order. Any rent increases planned for April 1 at apartments covered by the order are void, a Garcetti spokesman confirmed. On Fr
COVID-19 UPDATE: CA Landlord's Guide Coronavirus Guide
In an effort to assist landlords and property owners, Brennan Law Firm has issued the CALIFORNIA LANDLORD'S CORONAVIRUS GUIDE in anticipation of potential tenant issues (i.e. job loss, in the coming months and keep investment properties profitable.
Here is what you need to know: Los Angeles Superior Court created a fictional legal holiday between March 17 and April 16, 2020. The result of the holiday is an extension of the permissible time limits in which tenants must eithe
COVID-19 UPDATE: IMPORTANT Governor Newsom Signs Executive Order
AS OF TODAY, Governor Newsom signed Executive Order N-37-20 which requires the following for tenants seeking eviction protection due to COVID 19: Qualification required for tenants to fall under the protection of the March 27, 2020 Order are: The tenant must have been current with their rent prior to the date of the Order; The tenant must notify the landlord, in writing, either before rent is due or within seven (7) days afterward, that they are unable to pay a portion or all
COVID-19 UPDATE: Important information about your stimulus check
Here are some important highlights from the Senate bill that was passed late Wednesday night (3/25/2020): How much will my stimulus check be? $1,200 ($2,400 for joint returns) plus $500 per child aged 16 and under Will high-income earners receive a check? No. Income limits apply. To receive the full amount, filing statuses of single or married filing separately must have an income of $75,000 or less; head of household $112,500 or less; married filing jointly $150,000 or less.
COVID-19 UPDATE for Landlords: Financial assistance + Legal
We have experienced so much change to our daily lives during this past week or so. We, like most of you, had to make major adjustments to our lives and common work practices in a short period of time. Our team is now working from our homes during this time. We are working diligently to stay on top off-market activity and legislation that can assist you. Here is what you need to know right now: Both Mayor Garcetti and Governor Newsome have spoken about an eviction moratorium f
