California Assembly Bill AB 3182 changes homeowner association rental restrictions.   Despite fierce opposition, California Governor Newsom signed Assembly Bill 3182 into law on September 29, 2020.   AB 3182 creates a new Civil Code Section 4741 which voids rental limits below 25% of the members. Per Civil Code 4741, a condominium or stock cooperative association may not unreasonably restrict the rental or leasing of the owner’s unit.   Will AB 3182 help to solve the #CaliforniaHousingCrisis?   Join Pete Sabine and Leslie Whitney as they discuss the changes and potential impact on the California housing market.   :47 Intro 1:13 New Civil Code 4741 3:13 The intent of AB 3182 4:14 New rental restriction rules 4:53 Impact on Short Term and Transient Rentals 5:53 Owner-Occupied Rentals 6:55 What is an Unreasonable Rental Requirement? 7:59 Tenants Abiding by HOA Rules 10:34 HOAs Must Amend Rules to Comply with AB 3182 12:00 HOA Rental Restrictions 13:59 HOA Approval Contingency in your Purchase Contract 14:56 Wrap Up Find more Real Estate Pro Tip podcasts here: Podbean Spotify iTunes YouTube Google Play Five Star Real Estate Pro Tips Pete Sabine & Leslie WhitneyCall or Text 925.297.5335Visit Our Five Star Team Compass. License #01866771