Assembly Bill 3182 (Civil Code Section 4740 and Civil Code Section 4741) limits the restrictions common interest developments may impose on offering units for rent. It took effect Jan 1, 2021. A common interest development may cap the number of rentals to 25% or more.ADUs and junior accessory dwelling units (JADUs) can not be included in the cap.The cap must not end the … [Read more...] about Renting Out Your Condo or Townhouse
Although large real estate investor/developer purchases don't closely match individual homeowner purchases, the prices eventually track each other. The recent purchase of a luxury apartment complex in Redwood City called the Encore set a new high record price-per-unit of $816,666. Large investors are still seeing increasing values for apartments in Silicon Valley. View … [Read more...] about Redwood City Apartment Building Prices Continue to Climb
California laws taking effect Jan 1, 2021 allow more homeowners to build backyard cottages or accessory dwelling units (ADUs). Cities and counties can have regulations but the regulations must have: No minimum lot size requirement.No required replacement parking when a parking garage is converted into an ADU.No required parking for an ADU created through the conversion of … [Read more...] about Building Backyard Cottages, In-Law Units, or ADUs
Welcome to WordPress. This is your first post. Edit or delete it, then start writing! … [Read more...] about Hello world!