As of January 1, 2025, new regulations have been implemented to protect tenants and ensure fair rental practices in Los Angeles:
1. Rent Increase Limitations:
- For most units under the Rent Stabilization and Tenant Protection Ordinance (RSTPO), rent hikes are capped at 3% every 12 months.
- Landlords who qualify as "small property landlords" and self-certify with the Department of Business and Consumer Affairs can increase rent by an additional 1%, up to a maximum of 4%.
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2. Security Deposit Documentation:
- Starting April 1, 2025, landlords must:
- Take photographs of the unit immediately before or at the start of the tenancy.
- Capture images within a reasonable time after the tenant vacates, prior to any repairs or cleaning.
- Provide these photographs to departing tenants.
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3. Rent Payment Reporting:
- Effective April 1, 2025, landlords with more than 15 units must offer tenants the option to report positive rental payment history to at least one nationwide credit reporting agency. Landlords can pass on any related costs to tenants who opt-in.
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4. Rent-Gouging Protections:
- In response to recent wildfires, Governor Gavin Newsom has extended protections against rent-gouging in Los Angeles County. Rent increases are prohibited from exceeding 10% through March 8, 2025.
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These measures aim to promote transparency, fairness, and tenant protection in the Los Angeles rental market. Stay informed and ensure compliance with these new laws.