Monday, April 30, 2012

To sell an investment property in California, how much notice must landlord give to tenants?

An owner/landlord can end a periodic tenancy (e.g. a month-to-month tenancy) by giving the tenant proper advance written notice.  

"Proper" notice depends on circumstances.

If anyTenant or resident has lived in the rental property for less than one-year, the owner/landlord only needs to serve them a 30-day "No Cause" notice, consistent with State law.

If every tenant or resident has lived in the rental unit for a year or more, the owner/landlord normally must give the tenant(s) 60 days advance written notice.

However, the owner/landlord can reduce the 60 days to 30 days if all of the following are met:
  • The landlord has contracted to sell the rental unit to another person who intends to occupy it for at least a year after the tenancy ends.
  • The selling landlord must have opened escrow with a licensed escrow agent or real estate broker, and
  • The selling landlord must have given the tenant the 30-day notice no later than 120 days after opening the escrow, and
  • The landlord must not previously have given the tenant a 30-day or 60-day notice, and
  • The rental unit must be one that can be sold separately from any other dwelling unit. (For example, a house or a condominium can be sold separately from another dwelling unit.) 203
The landlord usually isn't required to state a reason for ending the tenancy in the 30-day or 60-day notice

Monday, April 16, 2012

City of Sunnyvale proposes mandate to require homeowners perform and disclose energy and water audits at time of sale

The City of Sunnyvale has proposed a mandate that would require homeowners to perform and disclose energy and water audits at time of sale.

The City of Sunnyvale is accepting public comments on its draft "Climate Action Plan". Page 65 of the 222-page plan to reduce greenhouse gas emissions proposes three mandates that would affect real estate transactions in Sunnyvale:

•EC-3.1, Establish a residential energy conservation ordinance that requires homeowners to perform and disclose energy and water audits at time of sale.
•EC-4.1, …require all nonresidential building owners to disclose building energy consumption and
building energy ratings upon sale or lease
of the building.
•EC-4.3, Create an ordinance to facilitate energy efficiency improvements in nonresidential buildings through incentives and regulations that may include energy performance reports, time of sale upgrades

Friday, April 6, 2012

2012 Easter Egg Hunt - South Bay Area

2012 Easter Egg Hunts in the South Bay Area

I am a little late in posting this. Easter comes really early this year. A couple of the events have already passed, but I'll list them anyway so people can look for them next year.

•Easter Egg Hunt (Mar 31, 10am - 12pm)
Where: State & 2nd st, Los Altos

Free for children 1-10 years old. Enter the Jelly Bean contest, make an ester bonnet, enjoy face painting, and meet the Easter Bunny. Hunt for candy filled eggs on Main and State. Limit 5 egg per child. Please bring your own basket.

Where: Immanuel Lutheran Church, Los Altos

Activities for children from Pre-K to 5th grade that will consist of crafts, games, snacks, and of course, an Easter Egg Hunt at the end!.

Easter Party & Egg Hunt (Apr 4, 10am - 12pm) (no more) Where: Unity Palo Alto Community Church, Palo Alto

Easter Party with egg hunt, crafts, games, egg dying, snacks, and living bunnies will be visiting. Fun for all.

•Bunny Fun Hunt (Mar 31, 10am - 1pm)
Where: Los Gatos High School-Front Lawn

Carnival Games, Food Booths, Fun Jumps, Pony Rides, Petting Zoo and Much More! Free Egg Hunt - Bring Your Basket!

•Easter Egg Hunt Cupertino (Mar 31, 10:30am - 3pm)
Where: Memorial Park, Cupertino

Balloons, face painting, jump house, puppet show, music, story, arts & crafts, games & prizes.

•The Hunt Eggstravaganza (Apr 7, 12pm - 2pm)
Where: Dove Hill Elementary School, San Jose

Free Easter Egg Hunt! Sponsored by Evergreen Valley Church.

•Berryessa Spring Egg Hunt (Apr 7)
Where: Berryessa Community Center, San Jose

There will be egg hunts for each age group, a special prize for those who find the GOLDEN EGG, and children will be able to create holiday-themed Arts & Crafts.

•Easter at Fairmont San Jose (Apr 8)
Where: Fairmont Hotel, San Jose

Every hour from 11:30am - 2:30pm, our resident holiday bunny will stash eggs filled with candy and even a golden egg with a very special surprise.

•Egg Hunt in South Bay by the Beautiful Day Group (Apr 7, 1pm)
◦Live Oak Park - Milpitas
◦Latimer Elementary School - Campbell
◦Gardner Academy Elementary - Santa Clara
◦RAMAC Park - San Jose
◦San Ysidro Park- San Jose
◦Lone Hill Park - San Jose
◦Jeffrey Fontana Park - San Jose
◦Bernal Road Baptist Church - San Jose

•Easter Egg Hunt in Santa Clara (Apr 7, 10am)
Where: central park, Santa Clara

for ages 3-4, 5-6, 7-8 and special needs. Spring Activities include: Meeting the Easter Bunny, Face Painting, Easter Baskets, Theatre

The Hunt at Serra Park (Apr 23)
Where: Serra Park, Sunnyvale

Organized by Valley Church. There will be multiple hunts throughout the afternoon, at 1:30, 2, 2:30, and 3pm

Kids Easter Egg Hunt (Apr 23, 10-11am)
Where: New Hope International Church Parking Lot, Sunnyvale

Organized by New Hope International Church. For ages 3-12 years old.

•Campbell Eggstravaganza (Apr 7, 10:30 am)
Where: Campbell Community Center

For children ages 2-12. The egg and candy hunt will begin on the Athletic Fields of the Campbell Community Center at 10:30am SHARP. Please bring a bag or basket for your child. Thousands of plastic colored eggs will be sprinkled throughout the lawn. That may seem like a lot of eggs, but they are all picked up within minutes - those kids are fast! Festivities that morning, beginning at 9am, will include face painting, finger nail painting, games, arts and crafts activities, a jump house, and pictures with the Eggstravaganza Bunny.

•Annual Bunnies & Nonnets Parade (Apr 7, 12pm)
Where: Downtown Campbell

This event follows the City of Campbell's annual Easter Egg Hunt. In past years, the parade has featured marching bands, baton dancers, classic cars, bagpipers, floats, dog clubs, and other assorted things of interest that make up the Campbell area community.

•Easter Egg Hunt at St. Timothy's (Apr 8, 10am)
Where: St. Timothy's, 2094 Grant Rd, Mountain View

The hunt will start promptly at 10:00 a.m. Bring your own basket to collect eggs.

•Easter Family Fun Day East Palo Alto (Apr 7, noon)
Where: Bell Park, East Palo Alto

Easter Egg Hunt, arts and crafts, rally races, entertainment by local youth organizations, food trucks, and more!

•Children's Easter Party! (Apr 7)
Where: Gamble Garden, Palo Alto

The party will start with fun arts and crafts, then the Puppet Show! Total three sessions. Register early

Thursday, April 5, 2012

Duplex in Mountain View : No For Sale Sign; Not yet on the market

Duplex in Mountain View : No For Sale Sign; Not yet on the market

~1500 sqft living area
on a ~6500 sqft lot

Will be on the market later this month

Total # Units: 2
Type of Units: 2 Bedroom Unit(s) Other:
Cool: Room Air Conditioner(s)
Foundation: Concrete Perimeter
Heating: Wall Furnace
Grg/Prk: Garage - Private (Multi-Res), Guest Parking
Meter(s): Individual Electric Meter, Individual Gas Meter, Individual Water Meter Roof: Shake Roof
Stories: 1 Story
Sewer: Sewer in & Connected
Water: City/Public Water
Laundry: Laundry Area - In All Units
List Incl: Carpets - All Units, Oven/Range - All Units, Refrigerator - Some Units

Expenses Incl: Garbage, Water
Owner Pays: Garbage, Water
Tenant Pays: Gas, Cable TV, Electric