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California Rent Increase Calculator Los Angeles

Rent Increase Formula:

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

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1. What is AB 1482 Rent Control?

California's AB 1482 limits annual rent increases to the lesser of 5% plus the regional Consumer Price Index (CPI) or 10%, whichever is lower. This applies to most rental properties in Los Angeles built more than 15 years ago.

2. How Does the Calculator Work?

The calculator uses the AB 1482 formula:

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

Where:

Explanation: The equation ensures rent increases are capped at either 10% or CPI+5%, whichever is lower, to protect tenants from excessive hikes.

3. Importance of Rent Control

Details: AB 1482 helps maintain housing affordability in high-cost areas like Los Angeles by preventing sudden, large rent increases that could displace tenants.

4. Using the Calculator

Tips: Enter the current CPI percentage (available from government sources) and your current monthly rent. The calculator will show the maximum allowable increase under AB 1482.

5. Frequently Asked Questions (FAQ)

Q1: Does AB 1482 apply to all rental properties?
A: No, exemptions include 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 current CPI for Los Angeles?
A: The U.S. Bureau of Labor Statistics publishes regional CPI data. For AB 1482 purposes, use the CPI for the region where the property is located.

Q3: Can landlords increase rent more than once per year?
A: No, AB 1482 limits increases to once every 12 months, regardless of the amount.

Q4: Are there additional local rent control laws?
A: Yes, some cities like Los Angeles have stricter local ordinances that may further limit increases.

Q5: What if my landlord violates AB 1482?
A: Tenants may be entitled to refunds of illegal increases and can report violations to local housing authorities.

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