California will now require landlords of multi-family housing to give tenants the option to opt into having their rent payments reported to the credit bureaus.
This is only for tenants obligated to pay on a lease, not for month to month tenants with a rental agreement but no lease- also it’s for apartment buildings with 16 units minimum.
This is only for tenants obligated to pay on a lease, not for month to month tenants with a rental agreement but no lease- also it’s for apartment buildings with 16 units minimum.
Why on Earth the minimum unit requirement?
Probably to not burden smaller landlords with excess costs for reporting and infrastructure if I had to guess