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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Kavanau v. Santa Monica Rent Control Board, 19 Cal. App. 4th 730 (1993)

Citation
Kavanau v. Santa Monica Rent Control Board, 19 Cal. App. 4th 730 (1993)
Parent Document
Kavanau v. Santa Monica Rent Control Board, 19 Cal. App. 4th 730 (1993)
Jurisdiction
California (state)
Effective Date
1993-10-21

Other Sections in This Document (48)

Full Text

328 chars
Under the MNOI formula (which is a return on investment standard), the landlord’s 1978 earnings are presumptively a “fair return” and the regulation is designed to maintain this fair return in subsequent years by allowing rents to be raised based on increased operating expenses and inflation. (See Baker v. City of Santa Monica