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Updated over 1 year ago on . Most recent reply

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Jose Amer
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12
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Quick Question- AB1482 Thanks!

Jose Amer
Posted

Good morning folks! Thank you in advance for your inputs. Regarding AB1482, I read that Landlords still have authority to evict tenants if the landlord is getting out of the real estate business. Anyone here had success doing this?

State: CA

Property: Duplex

Lease Agreement: 12-months

Most Popular Reply

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516
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Noah Laker
  • Real Estate Broker
  • Sacramento, CA
408
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516
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Noah Laker
  • Real Estate Broker
  • Sacramento, CA
Replied
Quote from @Jose Amer:

Good morning folks! Thank you in advance for your inputs. Regarding AB1482, I read that Landlords still have authority to evict tenants if the landlord is getting out of the real estate business. Anyone here had success doing this?

State: CA

Property: Duplex

Lease Agreement: 12-months


 Hey Jose, I’m a local broker and manage over 100 investment properties. Not a lawyer!


if you have a long-term tenant, the first question is, how long have they lived in the unit? If over a year, and especially during a renewal, they have additional protections. 
”getting out of the real estate business” in 1482 would mean moving into the property yourself, or renting it to an immediate if family member. If you need help with investment real estate / management, a few of our agents are on this platform!

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