THE RENTAL OR LEASING OF HOMES - AB 3182/AB 1584
The deadline to amend governing documents for compliance with AB 3182 (regarding rental restrictions) has been extended to July 1, 2022. AB 1584 (Assembly Housing Committee) was recently signed by the Governor to extend this deadline and allows a board to amend governing documents to be in compliance with the new rental restriction law without a membership vote. However, some amendments may still require a vote of the membership by secret ballot.
Significantly, failure to amend before July 1, 2022, may leave the association open to risk of having no reasonable rental restrictions in place, as any and all restrictions in the governing documents which conflict with AB 3182 are deemed void and unenforceable as of January 1, 2021. In other words, the Board should take action now to implement “reasonable” restrictions under the new law!
“SPLITTING” OF LOTS - SB 9
Senate Bill 9 (“SB 9”) was recently signed by the Governor, effectuating a new law to combat the affordable housing crisis, which could significantly impact your association.
Beginning January 1, 2022, SB 9 allows property owners to essentially “split” or divide their property into two (2) lots, with up to two (2) residences that can be built upon each. In other words, SB 9 may result in dramatically denser single-family-zoned communities, with far more residences in the association than it was originally intended to support.
Again, it is critical that the Board acts now to ensure your community is protected. In light of the State of California’s latest attempt to increase the availability of housing, we are ready to assist the Association and guide the Board. Contact our office for a special fixed fee quote for your Association.