Watch Now: Navigating the Eviction Landscape: Updates & Key Issues for Landlords & Property Managers
The eviction process is complex and subject to frequent changes. Our recent webinar, "Navigating the Eviction Landscape: Issues for Landlords and Property Managers," focused on the latest developments impacting landlords and property managers.
Key Takeaways:
Commercial Lease Eviction Changes: Seattle has introduced significant changes to security deposits and personal guarantees in commercial leases. Ordinance 126982 imposes limitations on both the maximum personal guaranty that may be included in or as a condition of commercial leases and the value of a commercial lease’s required security deposit and/or letters of credit. The law applies for new lease agreements after January 27, 2024.
Stricter Eviction Notice Requirements: Landlords must provide more detailed and specific information in eviction notices. Certain charges are prohibited, and non-monetary reasons for eviction require clear documentation.
Lease Renewal Changes: Seattle landlords must offer tenants a lease renewal 60-90 days before expiration, with specific exceptions.
Watch the full webinar recording here.
Need Eviction Assistance?
Our team of experts can guide you through the eviction process. Contact us at pr@lawhg.net.
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