This is the first edition of Tenant Law Group, PC’s monthly e-newsletter, which will include updates about the firm as well as practical information for renters. This e-newsletter includes an article about buyouts and a video about what to do when landlords fail to respond to repair requests. If you have any questions about these topics, please contact us today.
In other firm news, we are proud to announce that Super Lawyers recently recognized two of our attorneys as a Rising Stars, a distinction awarded to only 2.5% of attorneys in Northern California. Thank you for your support of our firm and our efforts to protect the rights of Bay Area renters.
Eric L. Toscano
CEO & Managing Attorney
My landlord is not responding to my request to make repairs. What do I do?
KNOW YOUR RIGHTS: WHAT DOES A BUYOUT ENTAIL AND HOW DO I KNOW IF IT’S RIGHT FOR ME?
Given the limited stock of available rental units in the Bay Area, it has become more common for tenants in below-market rent-controlled apartments to be approached by their landlord to discuss a buyout. A buyout is a voluntary transaction whereby a tenant agrees to vacate a rent-controlled apartment in exchange for (1) a payment and (2) an agreement not to sue the landlord for any claims arising out of the tenancy. While tenant rights organizations such as the San Francisco Tenants Union are opposed to buyouts because they decrease the overall supply of affordable housing, under certain circumstances (e.g., a job or other life circumstance requiring a permanent move out of San Francisco), a buyout may be in a tenant’s interest. In October 2014, the San Francisco Board of Supervisors passed Ord. No. 225-14, which added provisions to the San Francisco Municipal Code to regulate buyouts. This legislation, which went into effect on March 7, 2015...
The information in this newsletter is the intellectual property of Tenant Law Group, PC. It is for informational and/or educational purposes only and does not constitute legal opinions or advice. The transmission and receipt of information through this newsletter is not intended to establish and will not establish an attorney-client relationship.