As a Concord, CA Realtor, I often get questions from homeowners and landlords about rent control. If you own rental property in Concord, it’s essential to understand how California’s statewide rent control law (AB 1482) and Concord’s local rent stabilization ordinance apply to your property. This guide will break it down in simple terms.
Does California Have Rent Control?
Yes. Under AB 1482, California limits rent increases to 5% plus the local inflation rate (CPI), with a maximum increase of 10% per year. However, not all properties are covered by this law.
What Properties Are Exempt from California Rent Control?
If you own a single-family home or condominium, you are exempt from AB 1482 as long as you are not a corporation, real estate investment trust (REIT), or an LLC with a corporate member. To maintain this exemption, landlords must provide written notice to tenants stating that the property is not subject to rent control.
Concord, CA Rent Control: What You Need to Know
Concord has its own rent stabilization ordinance, but it only applies to multi-family properties built before 1995.
✅ Single-family homes and condos are NOT covered. ✅ Duplexes are exempt IF the owner lives in one of the units. ✅ If your property is covered, rent increases are limited to the lower of 3% or 60% of CPI per year.
Can Concord Landlords Raise Rent Freely?
If you own a single-family home or condo and you meet the exemption criteria, you can set rent at market value and increase rent without being limited by rent control laws, as long as you follow proper notice requirements:
- 30-day notice if increasing rent by 10% or less in a year.
- 90-day notice if increasing rent by more than 10% in a year.
What This Means for Concord Property Owners
If you’re a homeowner considering renting out your property or a landlord looking to adjust rental rates, knowing these rules will help you make informed decisions. The good news is that most single-family homes and condos in Concord are exempt from rent control, meaning you have flexibility in setting rental prices.
