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The National Apartment Association Education Institute (NAAEI) offers these courses. NAAEI is the education arm of NAA. Its mission is to provide broad-based education, training and recruitment programs that attract, nurture and retain high-quality professionals and develop tomorrow's apartment industry leaders. [2]
Costa–Hawkins changed this by allowing an apartment owner the right to rent the vacancy at any price (i.e., usually the market price). [5] [6] In 2019, the California legislature passed and the governor signed AB 1482, which created a statewide rent cap for the next 10 years. [7]
A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents.
According to the American Apartment Owners Association (AAOA), most states have laws that give squatters rights to inhabit a property “in the event that the lawful owner does not evict or take ...
The Housing Accountability Act (HAA) is a California state law designed to promote infill development by speeding housing approvals. The Act was passed in 1982 in recognition that "the lack of housing, including emergency shelter, is a critical statewide problem," and has also been referred to as "the anti-NIMBY law."
The median yearly household income in 2008 dollars was $105,253, a high figure for Los Angeles, and the percentage of households earning $125,000 and up was also considered high for the county. The average household size of 2.5 people was average for Los Angeles. Renters occupied 29.7% of the housing stock and house- or apartment owners held 70.3%.