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No, no new price baseline. If the same tenants move back into the replaced unit, they continue at the rate as if their lease had been continuous (plus rent cont
by acchow 3y ago
No, no new price baseline. If the same tenants move back into the replaced unit, they continue at the rate as if their lease had been continuous (plus rent control raise limits)
- jalapenos 3y agoThat's a pretty good deal. Almost as if having gained tenancy in a rent-controlled property is a (non-transferable) asset worth more than the property itself.
- YokoZar 3y agoYes, that's exactly why "tenant buyouts" are a thing in San Francisco. They've created a property right for renters, as well as weird concepts like the "master tenant".
- 8organicbits 3y agoIs the new apartment guaranteed to be the same size as before?
- yonran 3y agoSB 330 defines “Equivalent size” as same number of bedrooms. https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=201920200SB330 https://leginfo.legislature.ca.gov/faces/billTextClient.xhtm...