Legal Question in Real Estate Law in California
I'd been a tenant in my bldg for 9 years & was paying about $900 for my studio. Well last june I took over as building manager and had to move to managers unit. And as payment I didn't have to pay rent. And now all of the sudden my building is in the process of being sold & the new owners are willing to keep me on board but are only willing to offer me 1/3 of the market value of the mngr unit. SO basically they want me start paying $1500 and i'll receive a monthly paycheck of $500.I rented my old unit for $1400 after taking over as manager. So basically made a profit of $600 for me taking the job and now the new owners want me to start paying $1,000. So the building will be making $1600 by keeping me as manager. i'll be paying $100 more than I was as a tenant to have the job. I only took the job less than 7 months ago and i was given no warning that the building was possibly going to be sold. If I knew that, I wouldn't have given up my rent controlled apartment. SO I have no idea if there's anything I can do or am I just out of luck? Thank You, LuiS
1 Answer from Attorneys
You actually have a wage and order problem under employment law. The new owner may be violating the minimum wage requirements. To get a sense of the issue, take a look at the following link: http://www.californiaemploymentattorney-blog.com/2010/05/resident-apartment-managers-ri.html
You may want to speak to an employment labor law attorney near you who handles lawsuits against employers for failing to pay the proper amounts.