New owner of a multi-family property subject to AB1482. Plan to increase the rent each year to catch it up to market rate. Since it’s subject to AB1482 can’t increase more than 10%. I think I only have to give 30 days notice on the rent increase but saw somewhere a mention of 60 days. Just want to do it right. Anyone have an authoritative source? I read the bill text already.
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source https://www.reddit.com/r/RealEstate/comments/r5jjkl/how_much_notice_is_required_for_rent_increase_in/
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