The parties have entered into an agreement whereby one party has been retained to manage and operate a certain business. Other provisions of the agreement.
Management Option Purchase Formula In Alameda
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Multi-State
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Alameda
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US-00059
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Annual General Adjustment announced, effective September 1, 2024. Pursuant to Alameda Municipal Code Section 6-58.60(B), the Annual General Adjustment for September 1, 2024, through August 31, 2025, is 2.7%. The Annual General Adjustment is a cap on the allowed amount of annual rent increase.
Section 6-58.55 of the Alameda Municipal Code requires that landlords provide an initial registration statement for each rental unit, including landlords of units that are subsidized through the Housing Choice Voucher (Section 8) program.
Most rental units in Alameda, however, are “fully regulated” and subject to all provisions of the City's Rent Ordinance, including regulations on rent increases. Any multi-unit property built prior to February 1, 1995, is subject to local rent control and the Rent Ordinance's annual limit on rent increases.
For 2024, the new AB 1482 figures have established an allowable rent increase of 8.8% for most of Northern California.
AB 1482: Limits annual rent increases to no more than 5% + local CPI or 10% whichever is lower. Provides Just Cause protections to tenants.
Within the city of Alameda, short-term rentals are legal but hosts must register with the city and collect a 14% transient occupancy tax. There are a few licensed Airbnb listings operating in compliance with city rules.
All units in California are covered by the rent-ceiling limitations of State of California rent control except: Affordable housing units, BMR units, project-based subsidized housing and Section 8 voucher units. Dorms constructed and maintained by a university and occupied by enrolled students.
Annual General Adjustment announced, effective September 1, 2024. Pursuant to Alameda Municipal Code Section 6-58.60(B), the Annual General Adjustment for September 1, 2024, through August 31, 2025, is 2.7%. The Annual General Adjustment is a cap on the allowed amount of annual rent increase.