Public Notice:  Santa Monica Rent Control Board
At its regular meeting on January 25, 2018, the Santa Monica Rent Control Board adopted Regulation 3120 and made amendments to Regulations 3105, 3106, 3108 and 3109.

The new and amended regulations will phase out pass throughs of certain items that appear on owners’ property tax bills regarding voted indebtedness and direct assessments by eliminating surcharge pass throughs to tenants in the following instances:
1) The unit’s rent is established  for a new tenancy starting on or after March 1, 2018; or
2) The unit is in a building that is reassessed as the result of an ownership transfer on or after March 1, 2018; or
3) The unit is on a property that is reassessed on or after March 1, 2018 as the result of significant improvements.

Read Notice on page 3: http://backissues.smdp.com/021018.pdf