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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Action Apartment Ass'n v. Santa Monica Rent Control Board, 114 Cal. Rptr. 2d 412 (2002)

Citation
Action Apartment Ass'n v. Santa Monica Rent Control Board, 114 Cal. Rptr. 2d 412 (2002)
Parent Document
Action Apartment Ass'n v. Santa Monica Rent Control Board, 114 Cal. Rptr. 2d 412 (2002)
Jurisdiction
California (state)
Effective Date
2002-01-03

Other Sections in This Document (232)

Full Text

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Under the Rent Control Law, the Board must adjust rents under the NOI formula to provide landlords with a fair return on their property. (See Santa Monica Charter, §§ 1800, 1805(e); Santa Monica Rent Bd. Regs., reg. No. 4100.) The Board implements a “general adjustment” each year by holding public hearings and, thereafter, “adjust[ing] upward or downward the rent ceiling for all controlled rental units in general and/or for particular categories