Apartment Ass'n of Greater Los Angeles v. Santa Monica Rent Control Board, 24 Cal. App. 4th 1730 (1994)

Citation: Apartment Ass'n of Greater Los Angeles v. Santa Monica Rent Control Board, 24 Cal. App. 4th 1730 (1994)
Parent Document: Apartment Ass'n of Greater Los Angeles v. Santa Monica Rent Control Board, 24 Cal. App. 4th 1730 (1994)
Jurisdiction: California (state)
Effective Date: 1994-05-19
Original Source: https://www.courtlistener.com/opinion/2263659/apartment-assn-of-greater-los-a... ↗

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The base rent ceiling is defined in section 1804, subdivision (b) as the rent that was in effect on the date one year prior to the adoption of rent control, that is, the rent in effect on April 10, 1978. Pursuant to section 1804, subdivision (b), landlords of controlled rental units are prohibited from charging rent in an amount greater than the base rent ceiling. In considering rent adjustments, the Board may adopt as its fair return standard “any lawful formula, including but not limited to one based on investment or net operating income.” (RCL, § 1805, subd. (e).)

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