luxury exemption – Renters Alliance

Proposed Luxury Exemption: Would You Lose Protections?

December 12, 2018June 22, 2019 Mark Elliot luxury exemption

Beverly Hills City Council first discussed exempting ‘luxury’ rental units from the reach of rent stabilization back in November. About 5% of units by our analysis might fall into that exemption. Subsequently it came back for discussion again in December when a much wider net was cast: as many as one-quarter of units with higher rents in any size category could be affected? How will the luxury exemption affect you?

Mayor Gold at Council study session 3 2018-11-20

Process

RSO Study Session #3: The Lightning Round

November 29, 2018June 22, 2019 Mark Elliot duplex exemption, luxury exemption, probationary tenancy, recap, Rent Stabilization Commission, RSO study session

After this third City Council rent stabilization study session we can see more clearly what’s ahead for the rent stabilization ordinance. We have gained important protections since early 2017. And just last month Council eliminated no-just-cause eviction. Also landlords must now register their rental units. But on the menu is an exemption for some properties and a new ‘probationary’ tenancy proposal.