Posts Tagged ‘Rent Increase’
2025 Fair Market Rents (FMR) and Notice Requirements in Los Angeles
2025 Fair Market Rents (FMR) and Notice Requirements in Los Angeles The City of Los Angeles has released the Fair Market Rents (FMR) for 2025. Understanding these updated rental figures is crucial for landlords, tenants, and property managers, as they impact rent adjustments and compliance with city regulations. Alongside these figures, it’s important to adhere…
Read More2024 Legislative Recap
2024 Legislative Recap SB 567 – Updates to Tenant Protection Act of 2019 Senate Bill 567, signed into law by Governor Newsom and authored by Senator Maria Elena Durazo, D-Los Angeles, is scheduled to take effect on April 1, 2024. This legislation amends eviction procedures outlined in AB 1482, specifically targeting no-fault evictions due to…
Read MoreExtension of Rent Increase Freeze Approved in Bell Garden
On July 11, 2022, the City Council unanimously approved an extension to the existing 90-day rent freeze approved on April 25, 2022 (Urgency Ordinance No. 922-U) by adopting Urgency Ordinance No. 924-U. Therefore, the temporary prohibition of rent increases for multi-family residential properties will continue until October 9, 2022 or until a permanent rent stabilization and tenant…
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