New Year resolution #1: I will register my rental units in compliance with local rent registry requirements.
It's that time of year again and in an ongoing series, we explore the top 10 resolutions landlords and property managers should make for 2024.
Efforts in the Capitol to establish a massive statewide rent registry have repeatedly failed, but we have said that if big, bold initiatives cannot be passed in Sacramento, the agenda of tenant activists would be taken to the local level. As a result, many local rent registries have sprouted up, with the City of Palo Alto being the most recent Bay Area locale to jump on the bandwagon.
Housing providers who fail to volunteer reams of information about their rental units will face varying consequences. Landlords could be socked with hefty late fees, forfeit their ability to raise rents, and find themselves muted because they can’t respond to petitions filed by tenants. The landlord’s failure to register can also be used by tenants or their attorneys as an affirmative defense in an unlawful detainer (eviction) action. Consequences and penalties aboud.
We know that there are laggards who did not follow through with their responsibility to report and still others who are ignorant of the requirements, either because they recently purchased or inherited a property. We want you to get familiarized with the rules and include a handful of links below to respective requirements.
