Blog Posts in Category: Real Estate
Governor Gavin Newsome signed AB 1482 on Tuesday, October 8th, 2019. This new bill implements Just Cause for Eviction and Rent Cap across the State of California. The State of Oregon approved legislation similar to this February 28th, 2019. The new bill is intended to end rent gouging and senseless evictions. However, it does not prohibit cities and counties from creating new legislation or other ordinances that are uncompromising regarding rent caps. The law sunsets on January 1, 2030, so until then here are the highlights from the latest California New Tenant Protection Act:
Statewide rent cap: AB 1482 by Assemblyman David Chiu, D-San Francisco, will place an annual 5% plus CPI cap on rent increases and create new standards for evictions across California. The signing of AB 1482, officially the Tenant Protection Act of 2019, marks the most significant policy change for California’s rental housing owners and tenants in a quarter-century. more...
"REimagine" 2019 Real Estate Conference
This week, I'm at the California Association Realtors conference in Los Angeles. I'm here to learn more about the Real Estate and Property Management industries. As you're probably aware the real estate market and political arena are constantly changing. more...
Property management is not the most glamorous or easy job. Our owners are what make us do a good job. We love when they let us know that we are successful.
Check out a card dropped by our office by a greatful owner. more...
What Is AB 1482?
Assembly Bill 1482 was introduced by District 17 Assemblyman, David Chiu. AB 1482 aims to create a statewide rent cap and establish “just cause” eviction standards.
Cities such as Berkeley, Oakland, and San Francisco have more restrictive local laws that take precedence over AB-1482. This law would mainly apply to cities without more restrictive local ordinances. more...
"You Can't Beat The Best"
Advent Properties was graced with the presence of Lara Calvert and Charles Deterline of Spectrum Community Services to present our trophy from the "Feed The Need Tailgate Throwdown" more...
I am proud to present this well-appointed condo in the iconic Ellington Building. This condo is in the heart of the vibrant Jack London neighborhood. Stroll to the shore, cafe, local pub, or restaurant and enjoy the best of what Oakland has to offer. Building features an enviable entryway with 24-hour concierge and door service. Located on the 7th floor, condo features two well-appointed bedrooms and two baths. Large windows bathe the home in abundant natural light, with views of the community pool, marina, and Jack London area. Gleaming wooden floors grace your living areas. Your spring and summer entertaining await on the large private balcony. Workout In the gym and enjoy entertaining in the community room. The condo and building are for those with discerning tastes and solicits pride of ownership. Please contact us to schedule your private showing today! For more details, please feel free to reach out to Darryl Glass at 510.500.7531 or email@example.com
Oakland’s Department of Transportation has issued new guidelines to the City's Title Transfer Sidewalk Repair Ordinance. Among them, here are some of the most relevant to our property owners.
Permanent time extension option of 90 days. (Allows 90-day extension to complete repair after the closing of escrow) Clarification regarding HOAs Clarification on Compliance Certificate expiration date Clarification on type of contractors eligible to perform certification. more...
Remember that Tax Cuts and Jobs Act that was put into law in December 2017? We sure do, and there were a couple things we need to share about it.
As a summary, the new law is a reform for individuals and businesses, by lowering many taxes paid in some income brackets. There were also so changes in the Real Estate industry, which is summarized in the infographic below.
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150 Post Street, Suite 600, San Francisco, CA 94108 Tel - +415.347.5658 Fax - +800.507.6593 more...