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Owners are also required to inform the Rent Board within 30 days of any change in the name or business contact information of the owner or designated property manager.
KEEP IN MIND:
• Square footage is requested in 250 square foot increments and owners are asked to approximate the square footage to the best of their ability. San Francisco’s Property Information Map may be helpful.
• The owner must report the tenant’s current monthly “base rent” in $250 increments.
• Base rent is monthly rent paid by the tenant for all housing and services provided by the landlord but does not include any temporary or fluctuating charges or pass-throughs authorized by the San Francisco Rent Ordinance.
• Reporting must be done through the Rent Board’s portal, which can also be used to pay Annual Rent Board Fees during the Fee cycle.
PROPERTY OWNERS SHOULD HAVE RECEIVED A RENT BOARD HOUSING INVENTORY NOTICE IN THE MAIL, ALONG WITH A PIN
A PIN is associated with each Assessor’s Parcel Number (block/lot). This PIN is necessary to submit information into the Inventory in the Rent Board’s portal.
If the landlord owns multiple properties, there will be separate notices and PIN numbers for each Assessor’s Parcel Number.
LOST OR NEVER RECEIVED THE RENT BOARD HOUSING INVENTORY NOTICE?
There is a counseling line available by calling 415- 252-4600 ext. 5. You can request a new PIN.
You have synergy. Contact the law firm built for landlords and the property management company that optimizes real estate investments while taking good care of tenants. One plus one isn’t two. It’s five.
FROM THE DESK OF DANIEL BORNSTEIN
There is already a myriad of rules concerning rent increases and now, San Francisco landlords and property managers must contend with another one. Failure to comply with the city’s Rent Board Housing Inventory program will mean that you forfeit your ability to impose annually allowable and/or banked rent increases.
At this particular juncture, only owners with ten or more units need to be galvanized into action.
It’s been relatively quiet on the legislative front, and this is good - we like a state of boringness. Now about halfway into 2022, there has been a flurry of crackpot measures proposed in the statehouse that has been defeated.
Yet we have said many times that if property owners’ rights were not stripped away with sweeping legislation, tenants’ advocates would take the fight to local governments so that these rights would melt away slowly like a candle.
That’s what we are seeing in Oakland with its cap on rent increases and the groundwork being laid for a rent registry. It’s now evident in Berkeley, where lawmakers have joined the bandwagon by considering a vacancy tax. We trust that our industry partners will provide a counter-narrative that is persuasive.
Please enjoy your summer, please remain safe, and please call upon our offices should you encounter any friction in your rental relationships or encounter any other challenges that stand in the way of your real estate success.
More than a practitioner in landlord-tenant law, Daniel Bornstein is the Broker of Record for Bay Property Group, a property management company that protects and optimizes the investments of landlords. He is also renowned for his educational seminars and is called upon as an expert witness in complex real estate litigation matters. To avoid or resolve friction within rental units and cauterize risk, Daniel is happy to dispense informed advice to owners, property managers, and other real estate professionals looking to survive and thrive in today’s challenging and litigious rental housing market. Call 415-409-7611 or email daniel@bornstein.law.
CS-24 JULY 2022 - APARTMENT MANAGEMENT MAGAZINE