Phil’s insight provided valuable clarity on how HB 1003 and HB 1217 will reshape certain landlord-tenant practices starting in 2025.
House Bill 1003, which goes into effect on July 27, 2025, introduces new requirements around delivering notices for lease violations and terminations. First, certified mailing will now be required for serving these notices which adds an extra layer of formality and documentation to the process. Also, landlords must clearly provide a cure deadline within the notice, giving tenants a defined opportunity to address any issues. Finally, a mini win that Redside looks forward to sharing with their property owners is that the bill removes the previous requirement that notices be mailed from the same county where the property is located.
House Bill 1217, already in effect as of May 7, 2025, focuses on rent stabilization and increased protections for tenants across the state. Under this new law, landlords will be prohibited from raising rent during the first 12 months of a tenancy which provides tenants with greater predictability in their initial year. Going forward, rent increases will be capped at 7 percent plus the CPI, or 10 percent depending on which is lower. Additionally, a minimum of 90 days’ notice will be required statewide before implementing a rent increase. However, local jurisdictions with stricter rules will continue to take precedence like how in Seattle the current requirement of 180 days’ notice will remain in effect. Another key aspect of HB 1217 is its emphasis on rental parity between lease types. Landlords may no longer offer discounts exceeding 5 percent to incentivize tenants to choose a fixed-term lease over a month-to-month arrangement which ensures greater equity and transparency in lease offerings.
Redside Partners is already taking steps to review and adjust their internal processes to ensure full compliance with these upcoming changes. These legal updates are just one part of the complex world of property management and Redside is proud to lead the way in understanding and applying them effectively.
Redside Partners are committed to staying educated and engaged so that their clients can feel confident their investments are being managed by a team that prioritizes professionalism, compliance, and foresight. Events like this legal briefing are one of the many ways that Redside Partners invests in their people and the service they provide.