Secretary of State No.

193

Description

RENT STABILIZATION. INITIATIVE STATUTE. Limits permissible rents that may be charged between September 1, 1980 and July 1, 1984 on most types of rental units in California. Maximum rent determined by formula based on monthly rent charged on April 1, 1979. Does not apply to fixed-term leases executed before April 1, 1979. Permits rent increase under specified circumstances. Prohibits reduction or elimination of services without proportionate rent reduction. Requires notice of rent increase 60 days before increase effective. Sets penalties for violation by landlord at actual damages plus $200.00 per violation. Financial impact: No significant net change in state or local government finances.

Proponents

Mr. Dennis B. Kavanagh, 400 Pacific Avenue, San Francisco, California 94133 (415) 392-6122

Date

4-20-1979

Document Type

Initiative

Qualified

Failed to Qualify

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