July 28, 2023
If you own a condo in California, here's some important legislative news for you, courtesy of Ruben, Juneus and Rose.
The state has recently passed laws limiting the power that HOAs have to regulate rentals. In San Francisco and the Bay Area in general, it's common to see CC&Rs that only allow rentals of 30 days or more. (in other words… no AirBNBs) This law appears to remove the right of HOAs to enforce those restrictions. However, property owners still need to be aware of AirBNB restrictions in each municipality. The new law also affects an HOA's ability to cap the number of rentals in a building.
As always, consult an attorney before acting on any of these updates, as laws can be complex. Also, if you are in need of a great management company for your HOA, please contact us for a recommendation.
This update is not intended to be legal advice and we are not attorneys. Readers should consult with legal counsel before relying on any of the information contained herein.
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