If passed, the bill would prevent landlords from utilizing the Ellis Act to evict rent controlled tenants within their first five years of ownership. The aim of the bill is to return the Ellis Act to its original purpose, which is to assist mom and pops landlords in exiting the rental business when they are losing money on a property. 

Read More: https://www.smdp.com/ellis-act-reform-bill-seeks-to-limit-rent-control-evictions/214744