DIAMOND BAR, CA, Feb. 12, 2020 – Californians need to be aware of the rent control provision that began last Jan 2020. It practically applies to rent hike on or after Mar. 15, 2019. As of now, the permissibility of the law applies from Mar. 15, 2019 to Jan. 1, 2020. Simultaneously, owners have permission to set a new rent amount after the vacancy.

Technically, rent cap limitations for residential owners now cannot hike the current rent rate up to 5% plus the designated cost of living. The underlying purpose is to finalize the current total rental rate that owners will have to exclude rent discounts, deductions, credits, or any incentives. “Hundreds and thousands of Millions of Californian renters are almost always one rent away or face eviction that brings out the nightmare of homelessness. The narrow-mindedness that someone rents is inferior and needs to go,” said David Chiu (D-San Francisco), during the signing of the legislation.

Although there are certain exemptions when it comes to rent cap, Skybridge Property Group insists on educating the people of California about the intricate details of the law. The rent cap will not apply to families with moderate, affordable housing. Similarly, it does not apply to student dormitories, single-family condominiums, duplexes, or new construction sites.

Over the years, the applicability and ethical notions of “just cause” evictions have also been subject to rigorous discussions. As per law, the owners are obligated to offer notice to tenants about the new rent cap, but the applicability of “just-cause” eviction involve various requirements that causes confusion and helplessness among Californian renters.

In addition, this is where Skybridge Property Group wants to provide its services to help Californians understand the complex technicality of the new rent control law. A professional and experienced lawyer, after all, will take into account different loopholes and create an organized protective mechanism for the tenants. Naturally, the renters do not want to spend an extraneous amount of time in court proceedings and authenticate signatures, format, and timing.

Though tenants can search the internet for as long as they desire, seeking assistance from a lawyer means leaving out the possibility of exploitation at the hand of the owners. Besides, the existing law is bound to experience some modifications in the foreseeable future. And the re-draft means more interconnected knowledge that tenants will have to contextualize in practical terms.

Skybridge Property Group is one of the most sophisticated and experienced property managers for homeowners, tenants, investors, and landlords. The professional team of Skybridge presents solutions that cater to your needs. Although the company shares close connections with various reputable legal advisory firms, the years of dedication, industry leadership, personalized service, and unique clientele has made Skybridge Property Group a household name. Furthermore, the qualified agents at Skybridge Property Group have complete accessibility and practical experience in the real estate market.