When do I provide the rent cap and Just Cause addendum?

When do I provide the rent cap and Just Cause addendum?

CAR’s new “Rent Cap and Just Cause Addendum” (Form RCJC) – available in December pending approval of the Standard Forms Advisory Committee. When do I provide it?

Is there a cap on rent increases in California?

In the meantime, the following information provided by the California Association of REALTORS® includes general information about AB 1482. Governor Newsom signed Assembly Bill 1482 into law on October 8. Rent increases are capped at 5 percent plus inflation, or up to a hard cap of 10 percent, whichever is lower.

When do landlords need to give notice of just cause addendc?

In order for a landlord to take advantage of certain exemptions, written notices to the tenant or new lease provisions will be necessary. C.A.R.’s Rent Cap and Just Cause Addendum (RCJC) should be provided to all tenants before January 1, 2020.

Is there a limit on how much you can raise your rent?

Rent increases are capped at 5 percent plus inflation, or up to a hard cap of 10 percent, whichever is lower. All rent increases since March 15, 2019 will count toward the rent cap, and if above the permissible rent cap, will have to be rolled back effective January 1, 2020.

CAR’s new “Rent Cap and Just Cause Addendum” (Form RCJC) – available in December pending approval of the Standard Forms Advisory Committee. When do I provide it?

When do tenants have to be notified of just cause?

For tenancies commenced or renewed on or after July 1, 2020, tenants are to be notified of the new “just cause” and rent cap protections extended to residential tenants by the TPA. The following statutory language is to be a provision in all residential rental and lease agreements, written in no less than 12-point type:

In the meantime, the following information provided by the California Association of REALTORS® includes general information about AB 1482. Governor Newsom signed Assembly Bill 1482 into law on October 8. Rent increases are capped at 5 percent plus inflation, or up to a hard cap of 10 percent, whichever is lower.

Rent increases are capped at 5 percent plus inflation, or up to a hard cap of 10 percent, whichever is lower. All rent increases since March 15, 2019 will count toward the rent cap, and if above the permissible rent cap, will have to be rolled back effective January 1, 2020.