Los Angeles Tenants may pay for landlords’ earthquake retrofits

Los Angeles Tenants may pay for landlords’ earthquake retrofits

Los Angeles City Council member Bernard Parks wants to allow owners who seismically retrofit apartment buildings to pass on 100 percent of the costs to tenants. He also wants the city to consider exempting these apartment owners from rent control laws. Under existing laws, only half of major rehabilitation costs can be passed through to tenants. Parks would like to transition to full cost pass through, “over a reasonable period of time.”
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