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T HINGS TO K NOW Rent Stabilization for Tenants, Landlords and Real Estate Brokers.

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Presentation on theme: "T HINGS TO K NOW Rent Stabilization for Tenants, Landlords and Real Estate Brokers."— Presentation transcript:

1 T HINGS TO K NOW Rent Stabilization for Tenants, Landlords and Real Estate Brokers

2 Tenants Responsibilities Pay rent, including reg. fee pass through Abide by provisions of lease Notify landlord of changes in occupants Provide 30-day written notice when moving Rights Annual rent increase allowed Unit must meet RSO maintenance requirements Housing services cannot be reduced Off street parking cannot be changed Just cause evictions No fault evictions with proper notice and relocation fees Protection from harassment

3 Landlords Ongoing obligations to the City Provide ownership info and update it as needed Pay annual registration fees File and renew exemptions and notify RSH of changes Register new tenancies Rights and responsibilities Annual rent increase allowed Comply with RSO maintenance requirements Just cause evictions No fault evictions with proper notice and relocation fees Pay interest on security deposits

4 Real Estate Brokers Find out RSO status of the property Fees/Penalties Unit registrations/re-registrations Legal MARs verified with rent roll New owner responsible for overcharges Just cause eviction or relocation fees required Rent stabilized property All rented condominiums and single family homes New construction units Just cause does not include Expiration of lease Month-to-month tenancies Remodel Renting to someone else

5 Real Estate Brokers Relocation fees required Owner/owner’s-relative occupancy Withdrawal of units from rental market (Ellis) Transfer from seller to buyer Security deposits and interest Leases/rental agreements Rent increase info and tenancy re-registrations Update owner info with RSH Right to Show Unit Regular business hours Written notice of sale for right to enter with oral notice


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