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Rent Increase Calculator Los Angeles County Assessor

Rent Increase Formula:

\[ \text{Rent Increase} = \min(\text{CPI} + 3\%, 8\%) \times \text{Current Rent} \]

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1. What is the Rent Increase Calculator?

This calculator determines the maximum allowable rent increase under Los Angeles County rent control ordinances, which typically cap increases at the lower of (CPI + 3%) or 8% annually.

2. How Does the Calculator Work?

The calculator uses the formula:

\[ \text{Rent Increase} = \min(\text{CPI} + 3\%, 8\%) \times \text{Current Rent} \]

Where:

Explanation: The calculation ensures landlords cannot raise rent more than 8% annually, even if CPI+3% would be higher.

3. Importance of Rent Control Calculations

Details: Accurate rent increase calculations are crucial for both landlords and tenants to comply with local ordinances and maintain fair housing practices.

4. Using the Calculator

Tips: Enter the current CPI percentage (available from LA County assessor) and current monthly rent. The calculator will show the maximum allowable increase and new rent amount.

5. Frequently Asked Questions (FAQ)

Q1: What CPI should I use?
A: Use the most recent Los Angeles-Long Beach-Anaheim CPI for All Urban Consumers (CPI-U) published by the Bureau of Labor Statistics.

Q2: Are there exceptions to these rules?
A: Some properties may be exempt (built after 2005, single-family homes with no corporate ownership), and special rules may apply after vacancy.

Q3: How often can rent be increased?
A: Typically once per 12 months for continuing tenants under LA County rent stabilization.

Q4: What if my property is in a city with different rules?
A: Cities like Los Angeles, Santa Monica, and West Hollywood have their own rent control laws that may differ from county rules.

Q5: Where can I verify current regulations?
A: Check the LA County Development Authority website or consult with a housing attorney for current rules.

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