AB 1157: Tenancy: just cause termination: rent increases.

This bill aims to amend California's tenancy laws to provide more protection for tenants. It would remove the exemption for separately alienable residential real properties, allowing only mobilehomes to be exempt if the owner meets specific criteria and provides written notice to tenants. The bill would also reduce the permissible gross rental rate increase to 2% plus the percentage change in the cost of living, or 5%, whichever is lower. The bill would extend the provisions indefinitely, rather than repealing them on January 1, 2030, as currently stated. Additionally, it would remove the provision that allows the owner of affordable housing units to establish the initial rental rate without penalty, and extend the provisions that require the owner of an assisted housing development to demonstrate compliance with specified requirements under penalty of perjury. The bill would not requir…