Sea Castle Apartments, Ltd. v. Santa Monica Rent Control Board, 228 Cal. App. 3d 1540 (1991)

Citation: Sea Castle Apartments, Ltd. v. Santa Monica Rent Control Board, 228 Cal. App. 3d 1540 (1991)
Parent Document: Sea Castle Apartments, Ltd. v. Santa Monica Rent Control Board, 228 Cal. App. 3d 1540 (1991)
Jurisdiction: California (state)
Effective Date: 1991-04-03
Original Source: https://www.courtlistener.com/opinion/5807699/sea-castle-apartments-ltd-v-san... ↗

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DEVICH, J.
Plaintiff and cross-defendant Sea Castle Apartments, Ltd. (Sea Castle), and defendant and cross-complainant Santa Monica Rent Control Board (Board) each appeal from a judgment entered following an order granting Board’s motion for summary judgment. In the published portion of this opinion, we determine that, where the maximum allowable rental rates established by local ordinance have been preempted by the United States Department of Housing and Urban Development (HUD) on the basis the property involved is financed with a mortgage insured by HUD, the rates revert to those established by local ordinance upon extinguishment of the HUD-insured mortgage. *1543Background

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