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CA AB2050
Bill
Status
2/14/2022
Primary Sponsor
Wendy Carrillo
Click for details
AI Summary
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Prohibits property owners from withdrawing rent-controlled residential accommodations unless all owners of record have owned the property for at least 5 continuous years, with exceptions for small individual landlords owning 4 or fewer units.
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Prevents owners who file notice to withdraw accommodations from acquiring and withdrawing different properties for 10 years after the initial filing.
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Requires owners notifying a public entity of intent to withdraw accommodations to disclose all persons and entities with ownership interests, which must be made available for public inspection.
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Prohibits owners and their agents from conspiring with coowners, successor owners, or prospective owners to circumvent the ownership duration and acquisition restrictions.
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Establishes liability of at least $2,000 per violation plus actual damages and attorney's fees for tenants harmed by violations, and declares the bill applies to all California cities including charter cities.
Legislative Description
Residential real property: withdrawal of accommodations.
Last Action
Ordered to inactive file at the request of Assembly Member Lee.
6/2/2022