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Rent Increases

Allen Matkins

What California Landlords Need to Know about Senate Bill 1103

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Senate Bill 1103 (also known as the Commercial Tenant Protection Act) (SB 1103) introduces substantive changes affecting commercial leasing practices in California. Signed into law by Governor Newsom on September 30, 2024,...more

Greenberg Glusker LLP

New Compliance Obligations for Landlords of Small Commercial Tenants Effective January 1, 2025

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Senate Bill 1103 (“SB 1103”), effective January 1, 2025, imposes new requirements on landlords leasing commercial space to certain “qualifying commercial tenants” (“QCT” or “QCTs”). Below is a summary of what you need to...more

Buchalter

New California Law Impacts Leases to Certain Smaller Sized Tenants Including Translation Requirements and Limitations on Pass...

Buchalter on

Beginning on January 1, 2025, landlords of commercial properties – be they office, industrial or retail, will need to develop new procedures when entering into leases with a newly defined class of tenants, identified as...more

Allen Matkins

Sustainable Development and Land Use Update 7.26.24

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San Diego made ambitious changes this Tuesday to the city’s blueprint for future growth to help prepare the city for climate change, speed up revisions to neighborhood zoning plans, and try to reverse racial segregation....more

Cozen O'Connor

New York Note – Nonprofits, City Legislation, Rent Guidelines Board

Cozen O'Connor on

Mayor Adams has appointed a new Executive Director of the Mayor’s Office of Nonprofit Services, Johnny Celestin. Celestin most recently served as Deputy Director for the Mayor’s Office of Minority- and Women-Owned Business...more

Bilzin Sumberg

Live Local Act Rent: 2024 Limits Increased by up to 10%

Bilzin Sumberg on

The Florida Housing Finance Corporation (“FHFC”) recently published their 2024 Income Limits and Rent Limits. These figures show up to a 10% increase in rent limits applicable to qualified Live Local Act projects throughout...more

Proskauer Rose LLP

Key Issues When Navigating A Tenant's Bankruptcy

Proskauer Rose LLP on

Recently, two significant distressed companies with thousands of commercial leases, Rite Aid Corp. and WeWork Inc., each filed Chapter 11 bankruptcy cases, seeking in part to rationalize their geographic footprints through...more

Awatif Mohammad Shoqi Advocates & Legal...

High Demand for Dubai Property: Legal Challenges and Solutions

Dubai's real estate market has displayed a remarkable recovery post the pandemic, marked by property demand. However, within this positive backdrop, certain landlords have attempted to impose substantial increases in annual...more

Allen Matkins

Sustainable Development and Land Use Update 8.17.23

Allen Matkins on

The Hermosa Beach City Council unanimously approved its Housing Element, which now must be submitted to the state Department of Housing & Community Development for certification. The state has said Hermosa Beach must build...more

Sheppard Mullin Richter & Hampton LLP

[Webinar] So You Want to Be a Landlord? Rise in Residential Housing Class Actions - September 14th, 10:00 am - 11:00 am PT

This presentation will cover the recent spate of class actions being filed against landlords and property managers relating to tenant protection statutes, which include challenges to rent increases, late fees in residential...more

Dunlap Bennett & Ludwig PLLC

Notice Landlords – New Changes Coming To Virginia Law

The Virginia Residential Landlord Tenant Act governs the relationship between landlords and tenants in Virginia, whether large or small, formal or informal, between a tenant and a large apartment complex, or between two...more

Seyfarth Shaw LLP

Montgomery County, Maryland Adopts 6% Cap on Rent Increases

Seyfarth Shaw LLP on

Seyfarth Synopsis: Montgomery County has enacted a comprehensive rent stabilization law that will limit annual rent increases for rental housing in the County to three percent plus CPI, with a maximum limit of 6%. The law...more

Ballard Spahr LLP

New Multifamily Update

Ballard Spahr LLP on

As noted in our prior alert, two different rent control bills are pending in Montgomery County, MD. The HOME Act (16-23) would limit rent increases to the lesser of 3% or the Voluntary Rent Guidelines published annually by...more

Ballard Spahr LLP

Prince George’s County Enacts Rent Stabilization Act, Montgomery County Introduces Two Rent Control Bills

Ballard Spahr LLP on

Summary - The Rent Stabilization Act signed into law by Prince George’s County Executive Angela Alsobrooks restricts County landlords from increasing tenants’ rent above 3 percent over a 12-month period. Separately,...more

DarrowEverett LLP

Precedent and Precision Continue to Drive Massachusetts Court Decisions in Litigation Involving Commercial Leases

DarrowEverett LLP on

Nearly a decade ago, I wrote an article for the New England Real Estate Journal about a decision issued by the Massachusetts Supreme Judicial Court that provided an important reminder to commercial leasing practitioners on...more

Lowndes

Orange County Commissioners Pass Rental Notices Ordinance, Still Working on Rent Stabilization

Lowndes on

On Tuesday, July 26, 2022, the Orange County Board of County Commissioners (“BCC”) voted unanimously to approve a new Rental Notices Ordinance aimed at protecting residential tenants. The new ordinance requires Orange County...more

Cozen O'Connor

Broad Street Brief: Philadelphia’s State Legislative Races Were Contentious But Had Few Surprises

Cozen O'Connor on

CITY HALL- Philadelphia’s State Legislative Races Were Contentious But Had Few Surprises- Despite infighting between progressive and establishment Democrats, incumbents were largely victorious in Tuesday’s Democratic...more

Faegre Drinker Biddle & Reath LLP

What Colorado Landlords Need to Know in 2022

In late 2021, the Colorado General Assembly passed significant landlord-tenant law reform via HB 21-1121 and SB 21-173. These changes affect the responsibilities that landlords owe to tenants and the steps required for...more

Fox Rothschild LLP

Seattle Extends Moratorium On Evictions For Small Businesses; Washington State Blocks New Commercial Rent Hikes

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Emphasizing that the COVID-19 pandemic remains a public health emergency that continues to have an economic impact on the city, Seattle Mayor Jenny Durkan issued an Executive Order to extend orders from March that prohibit...more

Pillsbury Winthrop Shaw Pittman LLP

DC Council Acts to Extend COVID-19 Relief for Tenants and Others

Legislation requires rent payment plans, mortgage relief, and foreclosure and eviction moratoriums. Residential and many commercial landlords may not increase rent and must make rent payment plans available to eligible...more

Lowenstein Sandler LLP

Residential Evictions: What Tenants Need To Know-UPDATED July, 2020 #1

LOCKOUTS- Can I be locked out of my home during the COVID-19 emergency? No. On March 19, 2020, New Jersey Governor Philip Murphy issued Executive Order 106, which immediately suspends evictions throughout the state....more

Ballard Spahr LLP

Montgomery County, Maryland, Limits Rent Increases

Ballard Spahr LLP on

On April 24, 2020, the Montgomery County Council passed the COVID-19 Renter Relief Act (the Act), which prohibits landlords from increasing residential tenant rents above the County’s voluntary rent guidelines, currently 2.6...more

ArentFox Schiff

DC Council Approves Temporary Relief for Borrowers and Tenants

ArentFox Schiff on

On April 7, 2020, the Council (the “Council”) of the District of Columbia unanimously passed the COVID-19 Response Supplemental Emergency Amendment Act of 2020 (the “COVID-19 Supplemental Act”). Because this is emergency...more

Dechert LLP

Increased Rent Provision as an Anti-Assignment Clause

Dechert LLP on

Section 365(f) of the Bankruptcy Code allows the assignment of leases and executory contracts notwithstanding any provision in the contract or the applicable law that “prohibits, restricts, or conditions the assignment….” So,...more

Sheppard Mullin Richter & Hampton LLP

Tenant Protection Act (AB 1482) — Compliance Guide

In the fourth quarter of 2019, California Governor Gavin Newsom signed into law a package of housing-related legislation that included 18 individual bills. Within this package, there were a significant number of important...more

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