Are you prepared for AB 2747?
Stay ahead of new rent reporting laws
California has passed a new bill (AB 2747) that requires property owners to offer their residents the option to have their on time rental payments reported to at least one credit bureau. Additionally, you will be required to offer this opt-in to new renters, as well as annually to all renters by April 1, 2025.
Luckily, navigating this new law doesn’t have to be complicated. We’re here to help you fulfill your obligations and protect your business from any disruptions.
Does AB 2747
apply to me?
- If you have over 15 units
- You are a trust or LLC
- You are a corporation with more than one residential building
- You are not assisted housing
What does AB 2747 require?
AB 2747
• Recurring Rent Reporting
• Positive-only reporting
• Reporting to at least one credit bureau
• Service must be less than $10 per month
Esusu
✓ Offers a rent reporting subscription
✓ Only reports on-time payments
✓ Report to all three major credit bureaus
✓ Only costs your renter $2.50/month
Esusu’s platform makes positive rent reporting easier
We offer solutions to help simplify your obligations to AB 2747, allowing you to focus on running your business
Automated Rent Reporting Options
Easy payment management
Data Accuracy and Reporting
Notification support
Ready to Simplify Your AB 2747 Requirements?
Don’t wait until the deadline on April 1st! Contact us now to learn how our platform can help you meet the new rent reporting requirements and stay compliant with AB 2747.
Disclaimer: Esusu is not a law firm and is not authorized to perform services performed by an attorney. Esusu provides general resources to clients to prepare its own customized legal documents. Esusu shall not be liable for any failure by clients to comply with AB 2747 or any other law.