I recently met with a potential client who was served a “3-day notice to pay rent or quit”…which happened to be improperly served…which came after a 60-day notice to vacate had been served two weeks prior…which happened to have been…
Category: REAP (Rent Escrow Account Program)
Los Angeles Housing Department Rental Escrow Account Program (REAP): Owner Withdrawals from Account
A common question in the minds of many property owners familiar with the Rent Escrow Account Program (REAP) is what are the REAP funds used for? Many owners assume the funds will be used to assist with funding the rehabilitation…
Posted in REAP (Rent Escrow Account Program)
Los Angeles Housing Department Rent Escrow Account Program (REAP): Tenant Rental Payments
Once a property is formally accepted into REAP, an escrow account is established by the Los Angeles Housing Department (LAHD). Rent payments from tenants of the property may be deposited into the escrow account. Interestingly, the tenants are not required…
Posted in REAP (Rent Escrow Account Program)
Los Angeles Housing Department Rent Escrow Account Program (REAP): Appeal Process
As mentioned in previous posts on the Rent Escrow Account Program (REAP), once a notice accepting the property into REAP has been mailed to the landlord, the property owner has fifteen (15) calendar days to appeal the REAP acceptance. The…
Posted in REAP (Rent Escrow Account Program)
Los Angeles Housing Department Rent Escrow Account Program (REAP): Procedure and Timeline
After a property owner receives an Order to Comply from the Los Angeles Housing Department (LAHD) listing the deficiencies at the property and demanding the required repairs, the property owner has a certain allowable time to make the repairs. If…
Posted in REAP (Rent Escrow Account Program)
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