Get Los Angeles Luxury Exemption Form
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How to fill out the Los Angeles Luxury Exemption Form online
Completing the Los Angeles Luxury Exemption Form online is a straightforward process designed to help landlords apply for a luxury exemption certificate. This guide provides step-by-step instructions to ensure your application is completed accurately and efficiently.
Follow the steps to complete the form online
- Click ‘Get Form’ button to access the Los Angeles Luxury Exemption Form and open it in your editor.
- Fill in the name of the legal owner in the designated field, including last name, first name, and middle initial.
- Enter the owner's mailing address, including city, state, and ZIP code. Ensure to include both the five-digit and four-digit codes.
- If applicable, provide the name of the owner's agent in the corresponding field.
- Input the agent's mailing address, including city, state, and ZIP code.
- Include the owner's daytime phone number with the area code.
- Enter the agent's daytime phone number with the area code.
- Provide an alternate phone number and email address for the owner.
- List the specific unit address that qualifies for exemption, ensuring to include the street number and complete street name.
- Specify the assessor parcel number of the property.
- Indicate the total number of units in the building.
- State whether the unit was rented on May 31, 1978, by selecting yes or no.
- Input the total number of bedrooms in the unit.
- Specify the amount of rent charged for the unit on May 31, 1978.
- Provide the name and current address of the tenant, including street address, city, state, and ZIP code.
- If known, include the name and address of the tenant who occupied the unit on May 31, 1978.
- Review all the completed information for accuracy before submission. Attach all necessary supporting documents to the application.
- Sign the form to certify that the information provided is true and correct, and input the date signed.
- Submit the completed form along with the $25 filing fee as required.
Start completing your Los Angeles Luxury Exemption Form online today for an efficient processing experience.
The allowable rent increase for rent-stabilized properties in Los Angeles, governed by the Rent Stabilization Ordinance (RSO), typically caps annual increases. As of recent updates, property owners can raise rent by a specific percentage each year based on local guidelines. It is important to note that the Los Angeles Luxury Exemption Form can be leveraged to determine eligibility for potential exemptions from these increases, offering property owners important advantages.
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