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Updated about 5 years ago, 12/19/2019

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3
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Faye Sherman
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3
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What month can we raise the rent again in CA

Faye Sherman
Posted

I just purchased a duplex in CA February 2019 and the rents were way under market. One individual had a lease that was good until September 2019 and the other had no lease in place. I gave the one with no lease a 60 day notice of rent increase, then gave the other a 60 day notice July 1st, effective date of increase for September 1st. NOW I have to lower the rents on January 1st 2020 because I raised them more than the allotted amount. My question is what month can I raise the rent again after the correction of January 1st, 2020? I know you cannot raise the rent more than twice in one year equal to the allowed amount. So the date in which I can raise the rent again ONCE for the whole amount would be, not twice? Thank you