rent-increase moratorium – Renters Alliance

City Council: No Change to Limited 3.1% Rent Increase…For Now

June 23, 2022September 20, 2022 Mark Elliot rent-increase moratorium, Robert Wunderlich

City Council at last night’s meeting made no change in the current arrangement that allows landlords of rent-stabilized units to demand up to 3.1% more rent starting in July. But the rent hike only affects about one-quarter of renting households — those that did not pay a rent increase during the 2019–20 fiscal year. Most households wouldn’t see a rent increase at all until next July. Some hidden hand in City Hall was behind the RSO office’s effort to expand that rent increase to all renting households, but after an extended discussion to nearly 2 am Council didn’t go along. Here’s the story.

News

Beverly Hills Moratorium Sunsets May 31st: What It Means to You

May 19, 2022July 5, 2024 Mark Elliot eviction moratorium, no-fault moratorium, rent-increase moratorium

City Council officially agreed to sunset the city’s COVID moratorium effective May 31st. The move had been anticipated as early as January and picked up steam with two Council meetings in April where the groundwork was laid. Coincident with their effort to wind-down the pandemic-era tenant protections, councilmembers also agreed to cap the rent increase for the next 12 months at a maximum of 3.1% and to create a limited rent subsidy program to cushion the impact of post-COVID rent increases. Let’s look at what the moratorium sunset means and what’s left to be decided.

City Council formal meeting 2022-4-26 moratorium sunset

News

Rent Can Rise Up to 3.1% for the 2019-20 Missed Rent Increase

April 27, 2022July 5, 2024 Mark Elliot rent-increase moratorium

City Council has established 3.1% as the first post-moratorium maximum allowable annual rent increase. Rent-stabilized households that did not pay a rent increase which took effect during the period coinciding with the city’s fiscal year, from July 1, 2019 to June 30, 2020 will pay up to 3.1% starting as early as July 1st with the required 30-day notice. Households that did pay a rent increase in that fiscal year before the pandemic should not see a rent increase until July of 2023. This is City Council’s effort to allow landlords to recapture a missed rent increase. How much may you pay? The devil is in the details!

News

Beverly Hills Rents Will Now Rise — But by How Much?

April 6, 2022July 5, 2024 Mark Elliot max increase, rent-increase moratorium

Beverly Hills City Council is ready to sunset the city’s residential tenant moratorium. Effective May 31st the two-year freeze on rent increases will come to an end. Rents will rise again but what will that percentage increase be? If the rent was increased today it would rise 3.1%. In July that percentage will change and it is likely to be much higher. The challenge facing City Council is how to deal with the effect of high inflation on the coming rent increases while recouping for landlords the missed rent increases. It is complicated!

News

City Council Confirms: the Beverly Hills Residential Moratorium Sunsets May 31st

March 31, 2022 Mark Elliot rent-increase moratorium

Beverly Hills City Council on March 15th affirmed an earlier tentative decision to sunset the city’s residential tenant moratorium on May 31st. On that date all city COVID tenant protections will end. That means full rent will be due starting June 1st and no-fault eviction processes can proceed after that date too. The rent can rise as soon as June 1st with the required 30 days notice.

News

Moratorium Protections and Rent Increases Come Back to City Council

February 14, 2022July 5, 2024 Mark Elliot eviction moratorium, no-fault moratorium, rent-increase moratorium

Coming back to City Council is the discussion about whether and when to wind down the city’s COVID moratoria on evictions and rent increases. The Rent Stabilization Commission teed-up the issue in October by recommending that COVID tenant protections be ended immediately. Council took no action then but in January agreed to tentatively sunset the moratoriums at the end of March. Council revisits the question now in light of Omicron. Will Council allow evictions to resume and rent increases to recommence?

News

City Council Bunts on Residential Moratorium

January 19, 2022January 21, 2022 Mark Elliot eviction moratorium, no-fault moratorium, rent-increase moratorium

City Council deferred all decisions on the residential moratorium until sometime February when the impact of the Omicron variant might be better understood. Left unchanged is the tentative sunset date of March 31st and until that time at least the prohibition on eviction for nonpayment and for no-fault remain in force. Rent increases are on hold too. But the discussion suggested how councilmembers are thinking about ending the moratorium — and the costs that tenants may bear for rent increases delayed.

News

City Council Will Revisit Local Moratorium Tenant Protections

January 16, 2022July 5, 2024 Mark Elliot eviction moratorium, no-fault moratorium, rent-increase moratorium

Beverly Hills City Council on Tuesday will again reconsider whether or not to end moratorium tenant protections. The moratorium on evictions and rent increase may sunset as early as March 31st. For tenants still affected by the pandemic, the prospect of paying full rent, or facing eviction for nonpayment or no-fault, may be cause concern. And all tenants will likely find the prospect of a rent increase significantly higher than 3.9% a worry too.

News

City Council Extends Local Moratorium to April

October 27, 2021July 5, 2024 Mark Elliot eviction moratorium, Helen Morales, no-fault moratorium, rent-increase moratorium

City Council has agreed to extend the Beverly Hills local moratoriums on evictions and rent increases to April 1, 2022. In a nod to the continuing uncertainty and economic impacts of COVID–19, council also agreed that tenants should not face a double rent increase this year. That means rent-stabilized tenants will see only a 3.9% rent increase once the moratorium expires. That is a win for tenants and particularly those who might be displaced but for moratorium protections while we ride-out the long tail of this pandemic.

News

Rent Stabilization Commission Recommends End to Moratorium Protections

October 25, 2021July 5, 2024 Mark Elliot eviction moratorium, no-fault moratorium, Rent Stabilization Commission, rent-increase moratorium

If the Rent Stabilization Commission has its way, all moratorium protections for tenants that were enacted during the pandemic would come to an immediate end. Commissioners have recommended to City Council that payment of full rent should resume — and that no-fault evictions and evictions for nonpayment should go forward too. Rent increases would also resume as early as December if City Council agrees at its October 26th meeting.

News

RSO Commission Special Meeting: Moratorium and Relocation Fees

September 12, 2021July 5, 2024 Mark Elliot no-fault moratorium, relocation fees, Rent Stabilization Commission, rent-increase moratorium

The Beverly Hills Rent Stabilization Commission will hold a special meeting on Monday, September 13 at 6 pm to discuss COVID–19 moratoriums on no-fault eviction and rent increases as well as potential amendments to the rent stabilization ordinance concerning relocation fees. It is a special meeting because the last regular meeting was cancelled. And it is carryover business because both issues have already been discussed but not resolved.

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Explainer

My Landlord is Asking for an Estoppel. Need I Sign It?

July 16, 2024July 29, 2024 Mark Elliot

An estoppel certificate is a legal document that simply establishes the terms and status of a rental agreement (or lease) for a third party like a prospective buyer. Typically a tenant is asked to complete an estoppel when purchase negotiations advance and that request may come from the current owner or an agent working on behalf of a prospective buyer. It is nothing to fear; it is a standard step in the sale of real property. In any case the lease or rental agreement may require the tenant to complete it. When presented with an estoppel to complete and sign you may have questions. Here is what you need to know.

Explainer