California Rent Control Update: New Cap on Rent Increases Takes Effect
AB 1482 Establishes New Rent Hike Limits from August 1
The California Tenant Protection Act of 2019, known as Assembly Bill 1482 (AB 1482), introduced statewide rent control starting January 1, 2020. A new cap on rent increases is now in effect. Property owners should note the following key aspects of AB 1482:
Annual Rent Increase Cap: Limits annual rent increases to 5% plus the local Consumer Price Index (CPI) or 10%, whichever is lower.
2023 Update for Los Angeles: The maximum allowable annual rent increase is 8.8% (5% + CPI of 3.8%).
2024 Update for Los Angeles: The maximum allowable annual rent increase is 8.9% (5% + CPI of 3.9%).
Just Cause Eviction Protections: Provides tenants with just cause eviction protections to prevent arbitrary evictions.
Local Rent Control Laws: Many cities, including Los Angeles, have their own rent control regulations. It’s crucial for property owners to check with local authorities to understand these specific rules.
Precedence of Local Laws: If local eviction or rent increase regulations apply to a unit, they take precedence over AB 1482 protections.
Anti-Retaliation Protections: Landlords cannot retaliate against tenants for filing complaints with enforcement agencies. Retaliatory actions such as rent increases, reduction in services, or eviction attempts are prohibited for 180 days post-complaint, provided tenants adhere to their rental agreements.
Important Takeaways for Property Owners
Ensure compliance with both AB 1482 and any applicable local rent control laws.
Stay informed about the annual CPI to accurately calculate permissible rent increases.
Understand and uphold tenants' rights under Just Cause eviction protections.
Avoid retaliatory actions against tenants who exercise their legal rights.
For more details on the latest regulations and to ensure compliance, property owners are encouraged to contact their local city hall.
Credit Santa Monica Mirror
