Score A Sweet Deal On A Rent Controlled Haven In Santa Monica - test
At tuesday’s meeting, the santa monica city council approved a series of changes to the city’s renter laws to protect renters from “drastic rent increases, unjust evictions and harassment,” per a press release from the city.
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How do state laws affect santa monica rent control laws?
Santa monica rent control was adopted by the voters in april 1979 in response to a shortage of housing units, low vacancy rates, and rapidly rising rents.
Here are the basics of how rent control works in santa monica.
It did not end rent control or eviction protections, and rent increases for existing tenants remain limited.
The state vacancy decontrol law that was phased in beginning january 1, 1996 mandated changes to local rent control laws.
Demystified rent control in part 2;
Among the topics covered are how maximum allowable rents are set, how annual rent increases are calculated, the types of petitions that may be filed with the board, what new owners of.
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The law was intended to alleviate the housing shortage and to ensure that owners received no more than a fair return.
Previously, we explained why the rent was so damn high in part 1;
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Currently, there is $750,000 of funding available for the rcar program.
Here in part 4 of our renting in santa monica series, we cover how to actually find a rent controlled apartment.
And dived into how affordable housing works in part 3.
