Public Notice Santa Monica Rent Control Board
At its regular meeting on May 10, 2018, the Santa Monica Rent Control Board amended Regulation 3120. The newly adopted subdivision (e) will limit monthly surcharges for any tenancy to 4% of the unit’s maximum allowable rent (MAR) or $35, whichever is less. This change will be effective upon implementation of the 2018 general adjustment (rent increase) in September 2018.  
This amendment does not apply in circumstances in which no surcharges may be collected as provided in subdivisions (c) and (d) of Regulation 3120:
1) The unit’s rent is established  for a new tenancy starting on or after March 1, 2018; or

2) The unit is in a building that is reassessed as the result of an ownership transfer on or after March 1, 2018; or

3) The unit is on a property that is reassessed on or after March 1, 2018 as the result of significant improvements.
Read Notice on page 4: http://backissues.smdp.com/051718.pdf