Culver City, CA · Member since 2015 · 28 posts · 3 votes
Having a hard time to find this answer but I know that LA city has RSO but for rancho palos verdes, what are the laws surrounding single family home rentals? ie: in la city proper (Rent Stabilization Ordinances) state that you can only do no fault evictions, if you are moving in, or a relative is moving in and you must pay relocation.
For Rancho Palos Verdes, CA is there such a thing? Or if when the lease is up on a tenant they must move out or sign a new lease, or go month to month at the owner's discretion. Trying to make sure I understand the rental laws of this city well, but it's so undocumented and wondering if anyone here has experience with this. Thanks everyone!
Specialist · Riverside, CA · Member since 2015 · 6k+ posts · 3k+ votes
6y
Not an expert in that city specifically but I would assume if you aren't finding anything that is a good sign. If you are a corp you may have to stick to the statewide CA rent control though. Even LA doesn't impose their rent control on most SFRs it was geared for apartments, unless they've made recent changes that I haven't kept up to date on.
Real Estate Broker · Los Angeles, CA · Member since 2018 · 30 posts · 17 votes
6y
The City of Los Angeles Rent Stabilization Ordinance (RSO) applies to multifamily (2 or more dwelling units) properties that were built before 1978. In the city of LA a single family home would be exempt. Rancho Palos Verdes is an independent city, and it does not appear that it has its own rent control. However, I would recommend reading up on the new California statewide rent control that was recently passed. I believe this went into effect at the start of this year, and it imposes rent stabilization on any municipalities that did not already have their own rent control in place. My understanding is that the statewide rent control law does not include single family dwellings, unless they are owned by a corporation or a REIT. However, the CA statewide rent control is also significantly more lenient than LA in terms of rental increases - it allows for annual rental increases of 5% plus the CPI, up to a maximum of 10%.
The City of Los Angeles Rent Stabilization Ordinance (RSO) applies to multifamily (2 or more dwelling units) properties that were built before 1978. In the city of LA a single family home would be exempt. Rancho Palos Verdes is an independent city, and it does not appear that it has its own rent control. However, I would recommend reading up on the new California statewide rent control that was recently passed. I believe this went into effect at the start of this year, and it imposes rent stabilization on any municipalities that did not already have their own rent control in place. My understanding is that the statewide rent control law does not include single family dwellings, unless they are owned by a corporation or a REIT. However, the CA statewide rent control is also significantly more lenient than LA in terms of rental increases - it allows for annual rental increases of 5% plus the CPI, up to a maximum of 10%.
Yup you are correct! I know I had to send some document to rentals who weren't under that jurisdiction because I am not an LLC or corp. Thanks for your help! the RSO office is really really backed up and they make you call back vs. leaving a message. Thanks again for your help!