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APRIL 2019 – CITY OF LOS ANGELES “UPS” THE ALLOWABLE RENT INCREASE TO 4%

By Mona Begum, Operational Advisor, AAGLA

Via AAGLA

Effective on July 1st, 2019, the City of Los Angeles is permitting rental properties subject to its Rent Stabilization Ordinance (RSO) to increase rent by up to 4.0% per year. For years the allowable annual increase had been fixed at just 3.0%… Read More