Perspective
Aug. 21, 2013
Obscure statute helps California tenants stand up to slumlords
If the provisions of California Civil Code Section 1942.4 are met, neither the landlord nor the homeowner's insurance companies will be laughing. By Eric Bonholtzer
Owning a home is the American Dream. However, with the economic downturn, the current rise of the housing market and now ever-increasing mortgage rates, that dream has drifted farther and farther away for millions of Americans. What's worse, though, is with the corresponding uptick in the number of Americans now being forced to rent instead of own, renting has turned into a nightmare for some tenants at the hands of unscrupulous and uncarin...
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