CA SB479

Revises the definition of "natural person" under California's just cause eviction law to include beneficial owners with at least 25% ownership interest in property owned through limited liability companies or partnerships.

Expands protections for tenants by clarifying that natural persons exercising substantial control over, owning 25% or more equity in, or receiving substantial economic benefits from partnerships or LLCs can invoke owner-occupancy termination provisions.

Applies to residential tenancies where tenants have occupied property for 12 months continuously and lawfully, requiring owners to provide just cause (either at-fault or no-fault) before termination.

Takes effect immediately as an urgency statute on March 25, 2024, and remains in effect only until January 1, 2030.

Makes conforming changes to California Civil Code Section 1946.2 regarding definitions and procedures for no-fault just cause terminations based on owner occupancy intent.