Beverly Hills News – Beverly Hills City Council Seeks Balance On Rentals | BH Courier

Beverly Hills News – Beverly Hills City Council Seeks Balance On Rentals

Posted, Thursday January 26-7:15PM

By Victoria Talbot

The Beverly Hills City Council voted 5-0 Tuesday for an urgency ordinance that will protect renters from annual 10 percent rent increases, add meaningful relocation fees to assist in no-cause evictions and create a database and a registry of the apartment inventory to enable the City of Beverly Hills to monitor building conditions, rent increases, evictions and the rental market.

The new ordinance goes into effect immediately, holding rents to three percent and staying the evictions of tenants who have not exceeded their 60-day notice of eviction. It will establish relocation fees commensurate with those in Santa Monica, which includes special compensation for families with disabled, elderly and minor tenants.

For full story see the print edition of The Beverly Hills Courier, or download the e-edition

http://bhcourier.com/?p=207683

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