AB 1482 rent caps and the coastal exemption
AB 1482 caps annual rent increases at 5% plus regional CPI, never above 10%, for most California rentals more than 15 years old — the 15-year window rolls forward each year. Coastal context matters: single-family homes and condos are exempt when the owner is not a corporation, REIT, or corporate-owned LLC and the required exemption notice is served verbatim in the lease. Miss the notice and the exemption is lost, and the unit defaults to the cap.
Just cause and SB 567
After 12 months of tenancy, AB 1482 requires just cause to end a tenancy. SB 567, effective April 1, 2024, tightened the no-fault grounds: an owner-move-in termination now requires the owner or a close relative to occupy within 90 days and stay at least 12 months, and a substantial-remodel termination needs permits in hand before notice. Santa Monica and Los Angeles require advance filing with the local rent board before such a notice is valid — state procedure alone is not enough on the coast.
Security-deposit limits after AB 12
Security-deposit limits changed in 2024. AB 12 capped deposits at one month’s rent for most rentals effective July 1, 2024; small owners — those with no more than two residential properties totaling four units or fewer — may still collect up to two months. Deposits collected above the cap before the change don’t have to be refunded mid-tenancy, but you can’t re-collect above the limit at renewal or re-rental. The 21-day itemized-return timeline is unchanged.