MacDonald, who represents landlords as well as tenants, reports that
six-figure buyout agreements are now becoming common in San Francisco. In fact, he just negotiated one for a tenant in the city’s desirable
Russian Hill neighborhood whose huge flat was renting for somewhere
between $4,000 and $5,000 per month below market, due to strict rent
control. That deal garnered a gross settlement of almost a
quarter-million dollars for his client. Click here to read full story...
A new law requiring additional tenant notification on prior bed bug infestations. The disclosure requirement took effect for new tenants July 1 and will apply to existing tenants Jan. 1. It requires landlords to provide tenant with a bed bug history of the apartment while prohibiting them from “showing, renting, or leasing a vacant dwelling unit that the landlord knows has a bed bug infestation.” Full text of legislation can be viewed at: https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=201520160AB551