Miscellaneous

How does ab 1482 affect local rent control?

How does ab 1482 affect local rent control?

JURISDICTIONS WITH LOCAL RENT CONTROL AB 1482 Does Not Override Local Rent Control Rules. AB 1482 does not apply to housing regulated by local rent control ordinances and the Costa-Hawkins Rental Housing Act.

What is the rent control bill in California?

In cities that don’t already have rent control laws on the books, Assembly Bill 1482 would bar landlords from hiking rents more than 5 percent, plus inflation, in one year. California is on the verge of having statewide rent control.

When does ab 1482 go into effect in California?

AB 1482 is retroactive to March 15, 2019. Whatever amount a tenant paid as of that date is the amount by which the increase will be based. Rent may not be increased more than twice over a 12-month period (total sum of such increases not to exceed the annual rent cap). 2. JURISDICTIONS WITH LOCAL RENT CONTROL

How does ab 1482 apply to vacant units?

AB 1482 Does Not Apply to Vacant Units. AB 1482 does not apply to vacant units. Owners can continue to reset rents to market rate at vacancy, and then resume conforming to the annual cap of 5% plus inflation under AB 1482. 5. JUST CAUSE EVICTIONS

How does ab 1482 apply to rent control?

AB 1482 does not apply to housing regulated by local rent control ordinances and the Costa-Hawkins Rental Housing Act. Cities and counties can continue to pass local rent control laws consistent with Costa-Hawkins and set rent caps at any level they choose; however, they cannot affect the buildings and associated rent cap that fall under AB 1482.

In cities that don’t already have rent control laws on the books, Assembly Bill 1482 would bar landlords from hiking rents more than 5 percent, plus inflation, in one year. California is on the verge of having statewide rent control.

AB 1482 is retroactive to March 15, 2019. Whatever amount a tenant paid as of that date is the amount by which the increase will be based. Rent may not be increased more than twice over a 12-month period (total sum of such increases not to exceed the annual rent cap). 2. JURISDICTIONS WITH LOCAL RENT CONTROL

AB 1482 Does Not Apply to Vacant Units. AB 1482 does not apply to vacant units. Owners can continue to reset rents to market rate at vacancy, and then resume conforming to the annual cap of 5% plus inflation under AB 1482. 5. JUST CAUSE EVICTIONS

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