New California Laws Affecting Rentals in HOAs
July 28, 2023
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.
Stay up to date on the latest real estate trends.
December 6, 2023
New Year, new you! Whether you are saving money for a downpayment, to start a new business, to spend less, or to start a family, you don't have to stay home. Check out… Read more
December 6, 2023
Noise pollution in the Pacific Heights neighborhood of San Francisco is an increasingly pressing issue that affects the daily lives of residents and the overall enviro… Read more
December 5, 2023
In the last two weeks, 7 homes closed in San Francisco's Noe Valley neighborhood. Closed listings range in price from $780,000 to $3,700,000. The closed listings had a… Read more
December 5, 2023
In the last two weeks, there have been 12 home sales in the Sunset District. Closed listings range in price from $1,225,000 to $2,700,000. The closed listings had a me… Read more
December 5, 2023
In the last two weeks, there have been 3 home sales in San Francisco's Bernal Heights neighborhood. Closed listings range in price from $850,000 to $1,465,000. The clo… Read more
December 3, 2023
Pacifica Real Estate Market Update
November 21, 2023
In the last 4 weeks, there have been 0 single family home sales in San Francisco's Pacific Heights neighborhood. Out of the 29 active listings, the listings range in p… Read more
November 21, 2023
In the last two weeks, there have been 7 home sales in San Francisco's Bernal Heights neighborhood. Closed listings range in price from $1,230,000 to $3,900,000. The c… Read more
November 21, 2023
In the last two weeks, there have been 15 home sales in the Sunset District. Closed listings range in price from $1,030,000 to $2,880,000. The closed listings had a me… Read more
You’ve got questions and we can’t wait to answer them.
