About Properties West

My photo
San Pedro, CA, United States
At Properties West our team of professionals realizes that just as every property is unique so is the objective of every owner. Since our inception in 1981, we have been an industry leader in the management of residential homes, apartment buildings and condominiums. Please take a moment to review the time and money saving services we offer which provide the utmost in property management.

Friday, January 7, 2011

Q and A with Prop West: Rent Control

Q) I have been renting to one of my tenants for ten years. About a year ago his girlfriend moved in and the started paying me rent. I have not added her to the rental agreement. Now my original tenant is moving out but the girlfriend is staying. Can I raise the rent to market value or can I only raise it the 3% that the Rent Stabilization allows?

A) Per Civil Code 1954.53 this would be considered a new tenancy and you can raise the rent to market value. If the rent will raise more than 10% you must serve a 60 day notice.

No comments: