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Updated over 3 years ago, 04/03/2021
California Moratorium / Lease Agreements
HI BP Team - I'm in the process of purchasing a tri-plex investment property in CA. Rents are under market by about $300 / unit so my goal would be to get in there, clean the units up, and increase to market rate once the leases expire. Does the moratorium prevent me from notifying the tenants I won't be extending their leases? They are all currently paying.
Any info / advice is appreciated. Thanks,