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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

§ 1805

Citation
§ 1805
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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In this case, the issues are framed with sufficient definiteness. The challenged regulations impose an actual concrete injury: Landlords are forced to contribute their own funds to pay tenants 3 percent interest on security deposits. The controversy is real and substantial, not hypothetical. The Board arrived at a final, definitive position on the regulations some time ago, more specifically, January 1999. The regulations are sufficiently final for us to evaluate—as we have already done—the “economic impact of the challenged action and the extent to which it interferes with reasonable investment-backed expectations.” (Williamson Planning Comm’n v. Hamilton Bank, supra, 473 U.S. at p. 191 [105 S.Ct. at p. 3119]; see pt. II.C.2, ante.) Thus, the case is ripe for decision. 2. Exhaustion