A San Francisco startup is betting that would-be tenants will jump at
the chance to bid against other renters in order to secure an apartment
in the Bay Area's superheated rental market. Rentberry, an
online price auction tool for long-term property rentals, aims to
compete with Craigslist and other "Stone Age" rental services. "Essentially, we offer a more efficient and transparent application
process which has the elements of bidding and an auction," said CEO Alex
Lubinsky. As in an eBay auction, tenants would be able to see how many people are competing for the property...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