California Assembly Bill 2747 (AB 2747), which went into effect on April 1, 2025, requires many rental property owners to offer tenants the option to have their on-time rent payments reported to at least one major credit bureau. The law applies to landlords of buildings with 16 or more units, and to certain owners of smaller properties if they are corporations, REITs, or own multiple buildings. To comply, landlords must provide tenants with a written offer to opt in, disclose any fees (capped at $10/month), and ensure only positive payments are reported. Failure to comply may result in legal and financial consequences—making it essential that rental housing providers have a clear, documented process in place.

How Born Property Management Makes It Simple

At Born Property Management, we’ve already done the heavy lifting to help you meet your obligations under AB 2747—without any disruption to your daily operations.

We’ve partnered with Buildium, one of the industry’s leading property management platforms, to provide an integrated Rent Reporting feature that:

• Automates credit reporting for on-time rent payments

• Handles tenant opt-in and opt-out

• Tracks required notices and documentation

• Ensures all compliance standards are met
  
  

No Cost to the Property Owner

One of the most attractive features of this program? It’s completely free for rental property owners.

Tenants who choose to enroll pay just $4.99/month, billed through their Resident Center account. Born Property Management does not earn any fees or incentives from this program—we simply provide it as a value-added benefit for both landlords and residents.

Why It Matters for You

Offering rent reporting not only keeps you compliant—it also provides a meaningful benefit to tenants and reflects positively on your property.

Benefits include:

• Improved tenant retention – Renters who build credit by paying on time are more likely to stay
  
  

• Lower delinquency rates – Tenants are incentivized to pay rent on time to protect their credit
  
  

• Enhanced property reputation – Adds value to your property in a competitive rental market
  
  

• Legal compliance – Avoid fines and risk by fulfilling your obligations under AB 2747
  
  

What You Need to Do

If you’re a Born Property Management client, you’re already covered.

We’ve implemented the technology, workflows, and compliance protocols necessary to support AB 2747. We handle all tenant communication, manage enrollment through Buildium, and maintain documentation, so you don’t have to lift a finger.

Final Thoughts

AB 2747 is part of a broader shift toward tenant protections and financial equity, and we support that mission. With Buildium as our technology partner, Born Property Management offers a seamless, compliant, and no-cost solution that keeps you ahead of the curve.

Whether you own a single property or manage a growing portfolio, we ensure your operations remain legally sound and tenant-friendly—every step of the way.

Q&A for Rental Property Owners

Q: What is AB 2747, and why is it important?
 A: AB 2747 is a California law effective April 1, 2025, that requires many landlords to offer tenants the option to report on-time rent payments to credit bureaus. It allows renters to build credit and positions your property as more attractive to responsible tenants.

Q: How is Born Property Management complying with AB 2747?
 A: We’ve partnered with Buildium’s integrated Rent Reporting service. Through the Resident Center, tenants can opt in to have on-time rent payments reported to Equifax, Experian, and TransUnion.

Q: Does this service incur any costs for property owners?
 A: No. There is no cost to the rental property owner. The tenant pays $4.99 per month if they opt in, and Born Property Management does not receive any compensation from this fee.

Q: Is AB 2747 reporting mandatory for all properties?
 A: AB 2747 applies to:

• Properties with 16 or more residential units, or
  
  

• Properties with 15 or fewer units if the owner is a corporation, REIT, or owns multiple buildings.
  
  

Born Property Management handles compliance automatically for properties that meet these conditions.

Q: What AB 2747 compliance does Born Property Management handle on my behalf?
 A: We:

• Distribute the required written notices to tenants.
  
  

• Facilitate tenant enrollment through Buildium.
  
  

• Track opt-in/opt-out activity.
  
  

• Ensure documentation is maintained as required by law.
  
  

Q: What if a tenant stops paying the AB 2747 reporting fee?
 A: If a tenant fails to pay the fee, reporting may be suspended after 30 days. This does not constitute a failure to pay rent and cannot serve as grounds for eviction.

Q&A for Residents

Q: What is Rent Reporting, and how does it help me?
 A: Rent Reporting allows your on-time rent payments to be reported to major credit bureaus, helping you build or improve your credit score simply by paying rent as usual.

Q: Is participation in rent reporting required?
 A: No. This service is entirely optional. You choose whether or not to opt in.

Q: What are the Rent Reporting costs for me as a tenant?
 A: $4.99 per month, billed through your Resident Center account.
 Note: This is a resident-paid service. Your rental property owner does not pay this fee, and Born Property Management does not earn any profit from it.

Q: How do I sign up for Rent Reporting?
 A: Log in to your Resident Center account and follow the prompts under “Rent Reporting.” Once enrolled, your on-time rent payments will be reported monthly.

Q: Can I cancel Rent Reporting later?
 A: Yes. You can opt out at any time. However, California law requires a 6-month waiting period before you can re-enroll.

Q: Will missed rent hurt my credit rating?
 A: No. Only on-time rent payments are reported to credit bureaus through this program. However, missed or late rent payments can still result in late fees. They may negatively impact your standing with your rental property owner, including your ability to renew your lease or maintain a good standing. Although they are not reported through this credit-building service, they are still serious issues that should be avoided.