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NEW RENT CAP SUPPLEMENTS LOCAL RENT CONTROL RULES

By Madeline Pauker , via SMDP

“ 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…” Read More