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Updated almost 8 years ago on . Most recent reply

User Stats

33
Posts
9
Votes
David Eiges
  • Real Estate Investor
  • Pasadena, CA
9
Votes |
33
Posts

If I have Roommates, do they get Rent Control

David Eiges
  • Real Estate Investor
  • Pasadena, CA
Posted

I'm planning to buy a duplex in a rent-controlled part of LA.  I'm planning to live in one of the units with friends who will be my roommates.  Do they get rent control protection in this case?  If I move out at some point, and relinquish my bedroom, can I offer them the additional space and increase their rent?

Most Popular Reply

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544
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298
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Sean Walton
  • Wholetailer & Architect
  • San Francisco, CA
298
Votes |
544
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Sean Walton
  • Wholetailer & Architect
  • San Francisco, CA
Replied

David Eiges make sure you get a lease even with friends and family. Just like you should get a contract with friends for business ventures. It makes sure people don't make assumptions or misremember the deal you had. It makes it so the lease is the bad guy not you if issues arise.

I think the previous poster is right owner occupied units are exempt but once you move out that no longer applies, at least in SF but I would check your local rules.

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