Posted on 08/26/2020 6:45:18 AM PDT by 11th_VA
As the legislative session heads toward recess, California lawmakers are passing stopgap bills designed to help Californians deal with the hardships caused by the coronavirus-related economic shutdowns. The most troubling measure, Assembly Bill 1436, passed through committee last week — although its fate is uncertain as its far-reaching provisions draw significant pushback.
The bill is designed to help struggling tenants, but threatens to upend the housing market by undermining the ability of California landlords to collect rents and lien holders to collect mortgages. Essentially, it foists the costs of the state’s COVID-19-related policies on owners and the financial institutions that hold their mortgages.
“This bill enables small landlords, homeowners, and tenants in financial distress because of the COVID-19 pandemic, to temporarily defer their mortgage or rental payments until, it is hoped, the worst of the public health emergency passes and its financial consequences begin to ease,” according to the Assembly Judiciary Committee’s analysis.
Critics of the measure, however, rightly term it the “free rent bill.” Tenants would not have to pay rent for 90 days after the end of a state of emergency — and a landlord would have to wait 15 months to force a tenant to pay any past due rent. Tenants need not prove any hardship, which would mean that many renters who can afford their rent could simply stop paying with no real consequence.
Equally troubling, landlords could never use such unpaid rent as the reason for filing an “unlawful detainer” eviction action. After waiting 15 months, landlords would have to file a separate civil lawsuit to collect unpaid amounts, which would mean many landlords would realistically have to permanently give up back rents.
“Tying AB1436 to local emergency proclamations will equate to years without rent payments,” argued the California Apartment Association,.”...
(Excerpt) Read more at ocregister.com ...
” even though California governments aren’t willing to forego income taxes or delay property tax payments.”
So owners have to forgo getting paid but there is no deferment or suspension of property taxes.
Almost equates to slavery.
The democrats know what they are doing. They hate private property, like all good marxists, and want to take it away from you. But they have a better idea. Let you think that you “own” it, and burden you with all the responsibility, all the costs, all the work, all the investment, and prevent you from realizing any gain from your property.
By this action, they have taken total control of your property, and are forcing you to act as a slave.
You must provide a free place to live, with electricity, water, plumbing. You must shovel the walks and cut the grass. If they fall they can sue you.
You are on the hook for insurance and property “taxes.”
Don’t get me started on property “taxes.” That will be a rant for another day.
“Almost equates to slavery.”
Almost? I say worse than slavery. I don’t recall hearing of slaves with no income having to pay property tax.
“Critics of the measure, however, rightly term it the “free rent bill.” Tenants would not have to pay rent for 90 days after the end of a state of emergency — and a landlord would have to wait 15 months to force a tenant to pay any past due rent. Tenants need not prove any hardship, which would mean that many renters who can afford their rent could simply stop paying with no real consequence.”
Unf**king believable!! This is blatant legalized theft, plain and simple.
What’s going to happen in the future when landlords demand months of rent up front. Can you pay for 12 months of rent for the privilege of moving in?
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