The Changed Landscape for Buyers and Sellers of Tenant-Occupied Residential Real Estate
Author, Pacific Coast Business Times, February 24, 2023
Author, Pacific Coast Business Times, February 24, 2023
Spring of 2022 saw owners of residential real properties scrambling to sell in order to capitalize on high prices with buyers engaged in frenzied bidding to lock in lower interest rates before they increased. Tenant-occupied residential properties were no exception.
Yet sellers and buyers of tenant-occupied residential properties considering evicting the tenants encountered a changed landscape under the California Tenant Protection Act (CTPA) effective Jan. 1, 2020.
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