What units are exempt from Rent Control? |
- Units built after April 1979
- Those which rented for more than $450 in 1979
- Units owned or subsideized by a governmental agency
- Hotels
- Buildings consisting of four units or less containing one unit occupied by the Owner as his/her primary residence
- Although the ordinance does not specifically cover units on Indian Land, the Indians claim their sovereignty rights and exempt themselves
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Additional Details |
Requires landlords to reduce rents if they reduce “base year” services (the base year is defined as 1979). The ordinance also limits the number of rent increases to one per year |
Banking Allowed? |
No |
Does the landlord have the petition for additional rent increases? |
Yes |
On what grounds is the landlord allowed to petition for additional increases in rent? |
The ordinance guarantees landlords, under the provision of filing a petition for hardship increase with the Rent Review Commission, a fair return on their investment. Simply put, whatever the net operating income was in 1979, the landlord is entitled to make fifty percent (50%) more today. |
Rent Board |
The City of Palm Springs does not have a rent board |
Number of Units Covered by Rent Control |
19 |