Tenants in rental units that are exempt from AB 1482 were supposed to receive a "Notice of Exemption" from their landlord in 2020. If tenants did not receive this Notice, it is incumbent upon the tenant to proactively check and determine if their unit is covered or exempt from AB 1482. (See sidebar to this blog under "AB 1482" for more information about this state law.)
Each year, AB 1482 allows rent increases of 5% plus the CPI for the region or 10% whichever is lower for the 12-month period August 1 and ending July 31. Only one rent increase is allowed every 12-months and any rent increase requires advance written notice.
This year, beginning August 1, 2022 and ending July 31, 2023, the state rent cap is 10%, which is 5% plus 5%, the regional CPI for the San Francisco Bay Area. For more information about the regional CPI, visit California’s Department of Industrial Relations here.
Each year, AB 1482 allows rent increases of 5% plus the CPI for the region or 10% whichever is lower for the 12-month period August 1 and ending July 31. Only one rent increase is allowed every 12-months and any rent increase requires advance written notice.
This year, beginning August 1, 2022 and ending July 31, 2023, the state rent cap is 10%, which is 5% plus 5%, the regional CPI for the San Francisco Bay Area. For more information about the regional CPI, visit California’s Department of Industrial Relations here.
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