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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Section 1800

Citation
Section 1800
Parent Document
Santa Monica Properties v. Santa Monica Rent Control Board, 203 Cal. App. 4th 739 (2012)
Jurisdiction
California (state)
Effective Date
2012-02-16

Other Sections in This Document (60)

Full Text

983 chars
Section 1800 provides: “Statement of purpose. [][] A growing shortage of [rental] housing units resulting in a low vacancy rate and rapidly rising rents *749exploiting this shortage constitute a serious housing problem affecting the lives of a substantial portion of those Santa Monica residents who reside in [rental] residential housing. In addition, speculation in the purchase and sale of existing [rental] residential housing units results in further rent increases. These conditions endanger the public health and welfare of Santa Monica tenants, especially the poor, minorities, students, young families, and senior citizens. The purpose of this Article ... is to alleviate the hardship caused by this serious housing shortage by establishing a Rent Control Board empowered to regulate rentals in the City of Santa Monica so that rents will not be increased unreasonably and so that landlords will receive no more than a fair return. . . .” (Italics added & boldface omitted.)