Manage episode 488798557 series 1056208
Join us for this informative seminar on "Navigating the Confusing Rent Increase Laws in California," designed specifically for residential income property owners. As one of the few industries subject to price controls, understanding rent control laws is crucial for landlords. This session will demystify when and how rents can be legally increased, ensuring you stay compliant and informed.
Key Topics Covered:
Proper Procedure for Raising Rent: Learn about the required 30 or 90-day notices, proper service of notice, and the 5-day mailing rule with proof of mailing.
Allowable Rent Increases: Understand where unlimited rent increases apply, including SFRs, townhouses, condos, and properties less than 15 years old.
Statewide Rent Control: Starting August 1, 2025, with limits like 5% plus CPI and specific rates for different California regions.
Local Jurisdictions: Discover specific regulations for areas like Los Angeles, West Hollywood, and Santa Monica, and the importance of following local registration rules.
Dealing with Tenants Refusing Rent Increases: Explore strategies for handling partial payments and issuing a 3-day notice to pay rent or quit.
Gain clarity on these complex laws and learn how to maximize your rental property's potential while complying with regulations.
Don't miss out on this essential guide for California property owners!
#RentIncrease #CaliforniaRentLaws #PropertyOwners #RentControl #RealEstateInvesting #LandlordTips #ResidentialProperties #Compliance #RentalIncome
122 episodes