The proposed protections include, but are not limited to (a) limiting evictions for non-payment of rent less than the amount of one month’s rent (b) requiring relocation assistance for rent increases that exceed the lesser of the Consumer Price Index, plus 5%, or alternatively 10% (c) a requirement that any “buyout” agreement payment reached between landlord and tenant be at least the minimum relocation required under City law for a no fault eviction and (d) requiring that buyout agreements reached between landlord and tenant must be registered with the City of Santa Monica and the lack of a registration shall amount to an affirmative defense in any unlawful detainer proceeding.
Read More: https://smdp.com/2023/08/25/council-instructs-the-city-to-draft-legislation-for-additional-residential-renter-protections/