Easily Replace Arrow into the Lease Notice

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How to Replace Arrow into the Lease Notice

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this is real estate rookie episode 110. [Music] my name is ashley care and i am here with tony robinson and today is a rookie reply we have pulled a question from facebook for you guys uh that we are gonna go over tony what is todays question all right so todays question is and i have to look up who its from its from rhett miller um but rhetts posted in the real estate rookie facebook group how do you inform an inherited tenant of changes in ownership after you close on a property so uh all of my long-term rentals they came vacant all right i bought them vacant then we rehabbed them so ive never actually had to deal with inheriting someone elses tenant so ashley the queen of property managements tell us your your experience what do you think of this im not sure if i actually hold that title but um between me and you i will take it so i for the first thing is uh something that can come up is when an investor or anybody is selling a property they may not want the tenants to know

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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Can I give 30 days notice in the middle of the month California?

The tenant pays rent for the entire month. California law differs because a 30-day notice is permitted any time during the month, with the final date of occupancy 30 days from the date the notice is delivered to the landlord, ing to the California Department of Consumer Affairs.

Does a lease automatically go month to month in California?

In California, residential rental agreements automatically convert to month-to-month tenancies at the end of your lease term. At the end of each month thereafter, the agreement renews automatically for themselves in perpetuity as long as you, the tenant, remain in possession of your home.

How do you write a letter to a tenant for a change of landlord?

Dear [insert names of tenants], My name is [landlord name], I and [other property owners] are the upcoming new owners of [property address]. The forthcoming change in ownership will be in place from [date]. It is a pleasure to be taking over, and we look forward to meeting you.

How do I change my lease terms?

How Do I Change A Lease Agreement? Changes to a lease are actioned through a document called a Deed of Variation. It means that the landlord and leaseholder have both agreed to the amendment of a previously completed lease.

What properties are subject to ab1482?

Buildings Governed by AB 1482 The bill impacts apartments and multi-family buildings containing two or more units, but exempts single-family residences, owner-occupied duplexes, and condominiums, except when owned by corporations or LLC in which at least one member is a corporation.

What a landlord Cannot do in California?

Under the Fair Housing Act, its illegal for landlords to discriminate against a prospective tenant based on sex, race, color, national origin, religion, familial status, or disability.

What is a just cause addendum?

Just Cause Eviction is a recent restriction passed into law by the California State Legislature that limits a landlords ability to terminate a lease for a tenant once that tenant has occupied the property for longer than 12 months throughout California.

What does Notice of Exemption from AB 1482 mean?

What is a Notice of Exemption from AB 1482? A notice of exemption from AB 1482 is a notice that lets your tenants know that your rental property is exempt from AB 1482. This bill sets the maximum rent increase in California to 5% plus CPI, or at 10% (whichever is lower) per a 12 month period.

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