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California Rent Control Calculator For Rental Property

California AB 1482 Rent Increase Formula:

\[ \text{New Rent} = \text{Current Rent} \times (1 + \min(\text{CPI} + 5\%, 10\%)) \]

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1. What is California AB 1482 Rent Control?

The California Tenant Protection Act (AB 1482) limits annual rent increases to no more than 5% + local CPI (Consumer Price Index), with a maximum cap of 10%. This applies to most rental properties in California that are at least 15 years old.

2. How Does the Calculator Work?

The calculator uses the AB 1482 formula:

\[ \text{New Rent} = \text{Current Rent} \times (1 + \min(\text{CPI} + 5\%, 10\%)) \]

Where:

Explanation: The calculator determines the maximum allowable rent increase under California law, which is the lesser of (CPI + 5%) or 10%.

3. Importance of Rent Control Calculation

Details: Accurate rent increase calculation is crucial for landlords to comply with California law and for tenants to understand their rights regarding rent increases.

4. Using the Calculator

Tips: Enter current rent in USD and the CPI percentage for your area. The calculator will show the maximum allowed new rent, the percentage increase, and the dollar amount increase.

5. Frequently Asked Questions (FAQ)

Q1: Does AB 1482 apply to all rental properties in California?
A: No, there are exemptions including properties built within the last 15 years, single-family homes (unless owned by corporations), and duplexes where the owner occupies one unit.

Q2: Where can I find the CPI for my area?
A: CPI data is available from the U.S. Bureau of Labor Statistics. Many local jurisdictions publish the relevant CPI for rent control purposes.

Q3: Can landlords increase rent more than once per year?
A: Yes, but the total increase for any 12-month period cannot exceed the maximum allowed under AB 1482.

Q4: Are there local rent control laws with stricter limits?
A: Yes, some cities like Los Angeles, San Francisco, and Oakland have stricter local rent control ordinances that override AB 1482.

Q5: When did AB 1482 go into effect?
A: The law took effect on January 1, 2020, and applies retroactively to rent increases since March 15, 2019.

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