Santa Ana’s Rent Stabilization Update: A New Era for Tenants and Landlords
In a significant move aimed at protecting renters, the City of Santa Ana has rolled out its Rent Stabilization and Just Cause Eviction Ordinance. This local law, which has been in effect since January 2024, seeks to curb rent increases beyond permissible limits for designated residential units and mobile homes, while also providing robust ‘just cause’ eviction protections.
The ordinance introduces a Rental Registry, a critical tool designed to track rent-stabilized units and ensure compliance with the new regulations. This registry is supported by a Rental Registry Fee, set at $100 per unit for the fiscal year 2023-24. This fee covers the operational costs of implementing and enforcing the ordinance, as detailed in the Santa Ana Miscellaneous Fees Schedule.
Pass-Through Fees: What Tenants Need to Know
Landlords are permitted to pass through up to 50% of the Rental Registry Fee to tenants, distributed over 12 monthly installments. This pass-through, however, is not considered part of the rent when calculating any rent increase. For the fiscal year 2023-24, this fee amounts to a maximum of $4.16 per month. Importantly, landlords must ensure timely payment of the fee by February 29, 2024, to qualify for passing it through to tenants.
For more detailed information on the ordinance, tenants and landlords can refer to the original newsletter.
Introducing the Rental Housing Board
To oversee the ordinance’s enforcement, Santa Ana has established a Rental Housing Board, comprising seven members. This board includes three tenants (with at least one mobilehome tenant), two landlords, and two at-large members with no financial interest in rental housing. Applications for board membership are currently open and can be accessed via the City Clerk’s Office website.
Support and Resources for Tenants
The city provides several resources for tenants facing challenges related to rent stabilization and eviction protections. Organizations such as the Fair Housing Council of Orange County, Public Law Center, and Community Legal Aid SoCal offer guidance and support. Tenants can also reach out to Latino Health Access for additional assistance.
For further inquiries, tenants and landlords can contact the Rent Stabilization Helpline at (714) 667-2209 or email [email protected].
Stay Informed
To stay updated on the latest developments regarding the Rent Stabilization and Just Cause Eviction Ordinance, residents are encouraged to visit the city’s official website and review the full ordinance.
More Articles
Getting licensed or staying ahead in your career can be a journey—but it doesn’t have to be overwhelming. Grab your favorite coffee or tea, take a moment to relax, and browse through our articles. Whether you’re just starting out or renewing your expertise, we’ve got tips, insights, and advice to keep you moving forward. Here’s to your success—one sip and one step at a time!
In a landmark decision, the court has preliminarily approved settlement agreements in the commission lawsuits involving real estate companies RE/MAX and Anywhere Real Estate. The agreements require RE/MAX to pay $55 million and Anywhere Real Estate to pay $83.5 million. As part of the settlements, both companies will implement significant policy and practice changes, including the elimination of the requirement for agents to be members of the National Association of Realtors. This change will provide agents with more flexibility and independence in their business practices. The settlements have far-reaching implications for the real estate industry, fostering a more dynamic and customer-centric real estate market.
The housing market saw a remarkable increase in housing starts and permits in October, pointing to a positive industry trend. This surge suggests a growing demand among Americans for homeownership, prompting builders to respond by ramping up their construction efforts. However, builder confidence has been somewhat dampened by elevated mortgage rates. The housing market's performance varied across different regions in the United States, highlighting the diverse nature of the housing market and the various factors influencing construction trends.
CUSO Home Lending has implemented Dark Matter Technologies' advanced Empower loan origination system, revolutionizing the credit union lending process. The Empower system streamlines loan applications, automates document collection and verification, and facilitates seamless communication between borrowers, loan officers, and underwriters. With robust security measures and full compliance with industry regulations, the system ensures the protection of sensitive information. This move highlights the importance of embracing digital transformation in the lending industry.
United Wholesale Mortgage (UWM), a leading wholesale lender in the mortgage industry, has launched a new initiative offering no-cost appraisals on 1-0 temporary rate buydowns. This strategic move aims to attract more brokers by covering up to $600 of the appraisal cost on all conventional and government-backed home loans. Temporary rate buydowns allow borrowers to pay a lower mortgage rate during the initial period of their loans, making homeownership more affordable. This limited-time opportunity until March 31 provides brokers with a unique value proposition for their clients. Ready to explore the benefits of UWM's temporary rate buydowns and no-cost appraisals? Connect with UWM today.
Mark Willis has made a significant leadership change by returning as the CEO of Keller Williams, a leading player in the real estate industry. This news marks a triumphant comeback for Willis, who previously served as the CEO of Keller Williams from 2005 to 2014. Armed with extensive experience and a proven track record, Willis aims to steer Keller Williams towards continued success and navigate the challenges facing the real estate industry. This article will delve into Willis' career history, the growth of Keller Williams under his leadership, and the current landscape of the real estate market.
A recent lawsuit in Texas has sent shockwaves through the real estate industry, shedding light on alleged collusion among individual brokers, real estate teams, and large corporate brokerages. The lawsuit, filed by the QJ Team and other plaintiffs, accuses these entities of artificially inflating real estate agent commissions. The real estate industry has been rocked by a series of commission lawsuits in recent years, but the QJ Team lawsuit stands out due to its comprehensive list of defendants. The QJ Team lawsuit alleges that the defendants engaged in collusion to artificially inflate real estate agent commissions, thereby restricting competition and harming consumers. The plaintiffs claim that these entities conspired to set and maintain high commission rates, limiting the ability of homebuyers and sellers to negotiate fair prices. If proven true, these allegations could have far-reaching consequences for the real estate industry in Texas.
