Remove 2015 Remove Insurance Remove License
article thumbnail

Are Your Properties Compliant with Law and Code Enforcement

American Apartment Owners Association

Delays in compliance could lead to legal actions from homeowners, insurance complications, and costly emergency repairs. In the wake of tragic balcony collapses, such as the 2015 Berkeley balcony failure , California legislators enacted Senate Bills 326 and 721 to prevent similar disasters. Understanding SB326 and SB721: What Are They?

article thumbnail

New Laws for LA Landlords

Real Property Management Choice

This law applies to any lease executed, renewed or extended on or after 1st July 2015. The tenant is required by the law to maintain a $1,000,000 lessee’s general liability insurance policy.; Further more, the DMV may also issue a license to an individual if they are unable to show proof of legal residence.