Employee Lease Addendum For Rent Increase In San Jose
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FAQ
Under AB 1482, landlords can raise rent by a maximum of 5% plus the local CPI or 10%, whichever is lower.
Yes, you can negotiate. If you ask for a lower rent increase the worst they can say is no. Some complexes have set rates for each unit size/style and will only give you the option to accept the new rate or move out. But you will never know if you don't ask.
AB 1482, also known as the Tenant Protection Act of 2019, was enacted to provide rent increase limitations and eviction protections for tenants in California. Specifically, it caps annual rent increases at 5% plus the local CPI, or 10%, whichever is lower.
Landlords and tenants can create custom addendums to address unique situations or concerns that are not covered by the standard lease agreement. It's important for both parties to understand and agree to the terms outlined in any addendum before signing.
Ask why they're putting the rent up. Implore them not to. List all of the reasons why you've been a great tenant, explain how much you love living in the flat, that you're in it for the long haul. If they won't agree to keep your rent the same, try to negotiate a less substantial increase.
Ing to San José Municipal Code section 17.23. 310, a landlord may only raise rent for a covered rental unit by 5% of the rent charged in the preceding twelve months.
When raising your rent, your landlord must provide formal written notice — a call, text, or email is not enough — at least 30 days before the increase can take effect.
On June 4, 2024, the Board of Supervisors passed a motion to extend the temporary cap on rent increases of 4% effective through December 31, 2024, for fully covered rental units.
In general, things to include in a lease addendum might be: Your name. The rental property address. The tenant's name. Relevant policy/information (that complies with your state/municipal's rental laws) Consequences for breaking any contract agreements. Space to sign & date for landlord. Space to sign & date for tenant.
