Navigating the Latest Tenant Protections: Senate Bill 91 – “COVID-19 Relief, Tenancy, and Federal Rental Assistance”

YOU DON’T WANT TO MISS THIS: IMPORTANT LEGAL UPDATE IMPACTING ALL RENTAL PROPERTY OWNERS.  S.B. 91, which extends tenant protections previously provided under A.B. 3088 through June 30^th, was signed by Governor Newsom on January 29, 2021.

As anticipated, the California Legislature approved Senate Bill 91, which was signed by Governor Newsom on January 29, 2021.  With its passage, up to $2.6 billion in Federal COVID relief funding will be used to pay landlords of certain qualifying low-income renters up to 80% of rent owed due COVID-19 financial hardships.  Senate Bill 91 passed the California Senate by a 34-to-0 vote and the State’s Assembly on a 71-to-1 vote.  Senate Bill 91 extends protections afforded renters under Assembly Bill 3088, which expired January 31, 2021.

California renters facing COVID-19 financial hardships will now be protected from eviction until June 30th.  The legislation could potentially wipe-out billions of dollars of rental debt owed to our members and other rental property owners throughout California by forcing landlords to forgive 20% of rent owed them and by converting past due rental debt into consumer debt which will not likely ever be collected.

This latest legislation protects tenants from eviction who cannot pay rent due to the economic impacts of COVID-19 through June 30, 2021. Like its predecessor, A.B. 3088, these protections apply to tenants who declare an inability to pay all or part of the rent due to a COVID-related reason. But what is really “in it” for rental property owners?

Planned, MUST HEAR discussion will Include…

• What is S.B. 3088? How does it differ from A.B. 3088 and how does it impact YOU?
• New notice obligations required of owners due by February 28, 2021, including a new, updated 15-day notice requirement.
• Updated tenant declarations required to be signed by tenants to obtain eviction protections.
• When can YOU expect to collect YOUR partial or full rent? How will YOU be able to collect YOUR past due rent?
• What sort of rental relief funds will be available? How and when can YOU obtain some of the Federal relief funds to repay past due rent?
• What’s this “thing” about 20% rent forgiveness? Do I have to accept the relief funds being made available?
• What impact does S.B. 91 have on local eviction moratoriums? Does this State law preempt local laws?
• When will YOU be able to evict your tenants for non-payment of rent?
• And much, much more – your questions submitted prior to and during the webinar will drive the discussion.

This informative webinar will also address any questions that are submitted by you! After registering, you will have the opportunity to submit questions. Live Q&A will also be available during the webinar and we will do our best to consolidate and identify those questions that will benefit all attendees. This is another of many exclusive AAGLA webinars we are providing to help YOU during the COVID-19 (Coronavirus) crisis.

The discussion will be moderated by Daniel Yukelson, AAGLA’s Executive Director.

Please log in to register. If you have any questions, please contact Events Manager, Diana Alcaraz, via email at . We look forward to seeing you. Please continue to stay diligent and be healthy!

WARNING:  THE INFORMAITON PROVIDED DURING THIS WEBINAR IS FOR GENERAL INFORMATION PURPOSES ONLY. ABSOLUTELY NO LEGAL OR TAX ADVICE IS BEING GIVEN DURING THIS WEBINAR.  BEAR IN MIND THAT EVERY SITUATION IS UNIQUE, AND THE LAWS, RULES AND REGULATIONS ARE SUBJECT TO CHANGE AT ANY TIME.  SO, BEFORE ACTING, BE SURE TO OBTAIN TAX AND/OR LEGAL ADVICE FROM A LICENSED PROFESSIONAL.

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