Q) I just bought a building that has a Section 8 tenant. This is a rent controlled building and the rent has not been raised for one year. Can I serve a 30-day notice to increase the rent by 4%?
A) The City of Los Angeles has approved a 4% rent increase commencing July 1, 2009. This is not applicable under Section 8-Subsidized Housing rules. All rent increases are approved and instituted by Section 8. The owner may request an increase but approval must be forthcoming.
(Taken from AOA Magazine, September 2009)
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