Apartment landlords in the Los Angeles suburb of Glendale, California, will soon be required to pay relocation fees for tenants who chose to move out if their rent is raised more than 7 percent a year — and some are not happy about it and could suddenly be looking to sell their properties.
The Glendale City Council approved amendments to its eviction ordinance, which generally limits the reasons why a landlord can evict renters to 12 criteria that include failing to pay rent and repeatedly violating a lease.
The amendments the City Council approved include requiring a landlord to provide a one-year lease to a tenant and requiring the landlord to pay relocation fees if the rent goes up more than 7 percent, according to Peter Zovak, assistant director of the City of Glendale’s Community Development Department.
Relocation fees apply to owners of buildings built before 1995, and the fees increase according to the length of time the renters have lived in an apartment. Landlords in Glendale must now also offer their renters a one-year lease with rents set in the agreement that can only be increased once a year, preventing any landlord from increasing rents more than on an annual basis, according to the City of Glendale. There is no permanent limit on how much a landlord can increase rents.