Posted: April 16th, 2018
Santa Monica’s rent control ordinance dates back to 1979, and it has undergone significant revision since 1995. Santa Monica’s rent control ordinance works by limiting annual rent increases during your tenancy. The initial rent agreed to at the beginning of your tenancy establishes your base rent. Subsequently, when you renegotiate your annual lease and associated rent increase, the ordinance limits the maximum permissible rent increase and specifies the Maximum Allowable Rent (MAR). When a tenant vacates the unit, the landlord can return the rent amount to market levels.