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New rent cap supplements local rent control rules

09/18/2019 7:58 AM | Margaret Fulton (Administrator)

State lawmakers passed a landmark measure last Wednesday that will limit annual rent increases to 5% plus inflation for buildings that are at least 15 years old and require landlords to provide a “just cause” for evicting tenants.

While Santa Monica already has a comprehensive rent control program and a “just cause” law of its own, Assembly Bill 1482 will impact some tenants in the city.

The legislation introduced by Assemblymember David Chiu of San Francisco will not supersede the city’s rent control regulations for buildings constructed before 1979, which typically restrict annual rent increases to less than 5%. However, it will cap increases for multi-family rental units built between 1979 and 2005.

Read More: https://www.smdp.com/new-rent-cap-supplements-local-rent-control-rules/179954

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