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Updated over 5 years ago,
California Rent Control
Does anyone know if I have to pay the relocation costs (1 months rent) if I issue 60 day notices after the end of this month or do I just need to issue the 60 day notices before the end of the year? I am working on a value add apartment deal and need to give notices to all the tenants to renovate and it won’t close until December. If it’s after October I’ll have to go back and negotiate 300,000 off of the price.