SB721 Explained: What Property Managers Need to Know
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Well, there’s a new sheriff in town for property management. It goes by the name of SB 721, and it’s quickly making its mark on California. This piece of legislation isn’t your run-of-the-mill law; instead, it’s a seismic shift that lays down new guidelines for property managers, homeowners, and Homeowners Associations (HOAs).
But hey, let’s not get ahead of ourselves. Let’s bust through the jargon and technicalities! So, grab a cup of joe, kick back, and let’s dive into the nitty-gritty!
The Skinny on SB721
In a nutshell, SB721 is a California state law requiring inspections of load-bearing components in particular types of buildings. It was enacted to ensure structural safety following tragedies like the Berkeley balcony collapse in 2015.
The law applies to buildings with three or more multifamily dwellings including apartments, but excluding hotels, dormitories, and residential care facilities. Y’know, where folks like us call home.
Now, let’s tackle the big question: Who’s responsible for this? Well, it’s up to property owners to take charge and make sure these mandatory inspections are conducted every six years.
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Request A Free EstimateClick To CallWhat’s Expected from Property Managers?
Alright, property managers, it’s time to step up to the plate! Your responsibilities include handling the initial inspections and any necessary repairs that may arise. But here’s the kicker: according to SB 721, all repair work must be supervised by a licensed contractor, architect, or structural engineer.
Now, I know what you’re thinking – it’s just another box to check off on your to-do list. However, let me remind you that this law was put in place for a reason – to ensure the safety and well-being of everyone involved. So let’s not take it lightly, folks!
Understanding the Consequences
Failure to comply with SB721 could result in stiff penalties and fines. Moreover, should a tragedy occur due to non-compliance, legal repercussions could follow. Pretty serious stuff, right? But remember, it’s all about ensuring the safety of residents.
Conclusion: Embracing SB 721
Let’s face it; SB 721 might seem like a headache to some. However, at its core, this law is about fostering safer communities. As property managers, homeowners, and HOA members, we share that goal.
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Request A Free EstimateClick To CallFAQ Section: Top Questions & Answers
What types of buildings does SB721 apply to?
SB721 applies to buildings with three or more multifamily dwellings including apartments, but excluding hotels, dormitories, and residential care facilities.
Who is responsible for complying with SB721?
The property owner is primarily responsible for complying with SB721. This entails arranging initial inspections and any necessary repairs.
What are the consequences of non-compliance with SB 721?
Failure to comply with SB 721 can result in penalties and fines. Additionally, in the event of a structural failure due to non-compliance, there could also be legal repercussions.