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Santa Monica Ordinance 2776: Excessive Rent Increases
May 29, 2024
Welcome to SNS Law Group’s video on Santa Monica Ordinance 2776: Excessive Rent Increases. In this video, Bijan Shakibkoo, co-founder and managing partner of SNS Law Group, discusses the implications of the Santa Monica ordinance for landlords who own rental property in the city.
The ordinance, effective March 14, 2024, creates restrictions on Santa Monica rent increases. Bad faith, excessive rent increases are now expressly prohibited. The ordinance applies to properties that are not already rent controlled apartments.
These changes are important for landlords to understand before renting out their property. If you’re a landlord in Santa Monica, these changes could significantly affect how you manage your property.
If you have any questions about this ordinance or need legal advice, please feel free to give our office a call. We would love to help.
Please like and subscribe to our channel for more videos on legal topics. Stay tuned for more informative content from SNS Law Group.
Transcript: Landlords who own non-rent controlled properties within the city of Santa Monica, who are looking to increase their tenant’s rent, here are some things to look out for under the new ordinance 2776.
Hi, my name is Bijan Shakibkoo. I’m a co-founder and managing partner of SNS Law Group. If you enjoy this video, please feel free to like and subscribe.
Excessive Rent Increases
The city of Santa Monica has implemented a prohibition against bad faith, excessive rental increases. What does that mean?
Market Rates
It means if the landlord decides to increase the tenant’s rent beyond the market’s rates for a comparable unit, with the intent to vacate the tenant through fraud, intimidation, or coercive means, then the tenant may raise an affirmative defense towards their eviction action.
Bad Faith
What is evidence of bad faith? Evidence of bad faith is if a landlord increases the tenant’s rent within six months of an unsuccessful just cause eviction, or if the landlord increases the tenant’s rent within six months of the tenant filing a complaint with the health department or with the housing department.
Price Gouging Protections
Additionally, if there’s a rental increase imposed when price gouging protections are in effect. These are some of the things to watch out for whenever you’re looking to increase your tenant’s rent.
Contact SNS Law Group for Questions About Ordinance 2776
And if you have any questions regarding ordinance 2776, please feel free to give our office a call. We would love to help.
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