Property Management & Landlord Tenant Law Flashcards

1
Q

Property management agreement

A

defines the general agency relationship between the owner and property manager and sets forth the scope of the property manager’s duties and responsibilities over specific period

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Elements of property management agreement

A
  1. Appointment (of broker) clause
  2. Broker acceptance
  3. Authority & powers
  4. Owner responsibilities
  5. Lead-based paint disclosures
  6. Compensation
  7. Agency relationships
  8. Notice clause
  9. Dispute resolution clause
  10. Equal housing language
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Lease agreement

A

legally enforceable contract where an agent or owner of a property gives to another the exclusive right of possession of the property for an agreed upon amount of time in return for compensation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Presumptions of lease agreements in CA law when info is missing

A

*Month-to-month tenancy
*Rent due at end of lease term if <1 year

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

CA lease term limits

A

*Non-rural or oil/gas/hydrocarbon property = <99 years
*Agricultural/horticultural = <51 years
*Owned by minors/incompetent = set by probate court

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Max security deposit amts

A

*Residential = 2 mo (unfurnished) or 3 mo (furnished)
*Nonresidential = no max

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Landlord right of entry in cases of:

A
  1. emergency
  2. abandonment by tenant
  3. court order
  4. agreed upon repairs or other visits w/ 24 notice
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Warranty of habitability

A

LLs prohibited from leasing premises lacking: weatherproofing, hot/cold running water, sewage disposal, HVAC compliant with laws, utility systems up to code, sanitary conditions, maintained floors

Implies LL’s covenant to repair

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Writ of possession

A

sheriff to remove tenant from premises when LL possession granted by court

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Constructive eviction

A

LL illegally interferes with tenant’s right to enjoy property

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

2 types of rent control

A
  1. Ordinances WITHOUT vacancy decontrol: limit rent increases for new tenants as well as for existing ones
  2. Ordinances WITH vacancy decontrol: allow a property owner to set rent for a new tenant upon the vacancy of that unit without restriction → new rent becomes subject to rent control laws
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Costa-Hawkins Rental Housing Act

A

exempts certain housing from rent control laws + no limits on allowable rent increases for new tenancies

How well did you know this?
1
Not at all
2
3
4
5
Perfectly