By Francyne Shapiro Lambert, Lambert Investments, Inc.
You have owned your building for decades. The roof has held up, the pipes are in good shape, and you still have an insurance policy in place. All is well, except your tenants are “ruli...
THE ANNUAL INCREASE PERCENTAGE is 1.4% EFFECTIVE September 1, 2020 THROUGH August 31, 2021. The maximum increase cannot exceed $32.00. The surcharges from Property Taxes cannot exceed $35.00. Please remember to calculate the Increase on the...
We received many inquiries about whether or not the state will waive penalties for late payment of property taxes. Over the weekend the state released the attached press release giving Counties and Cities the authority to waive penalties on lat...
City of Los Angeles is proposing to eliminate the 3% floor that has been the backbone of the City’s’ Rent Stabilization Ordinance since 1978. This proposal calls for the elimination of the 3% floor to be replaced with a new calculation - 60...
Significant opposition is already mounting against Michael Weinstein’s latest radical rent control measure, qualified for November’s statewide ballot.
The State Building and Construction Trades Council of California announced its opposit...
