Did You Know? Rent Increases By Dennis Block
Under AB1482 all cities in California are subject to Statewide Rent Control. If your property is subject to this statute, AB 1482 prohibits landlords from increasing the rent by more than 5% plus “the percentage change in the cost of living” (CPI) over any 12-month period, not to exceed 10%. Under AB 1482, CPI is defined…