Today, the City of Santa Monica issued a fourth revised first supplement adding greater specificity to the prohibition on landlords collecting interest on accrued rent for tenants impacted by the novel coronavirus (COVID-19).

The Supplement also specifies that with respect to rent unpaid due to financial impacts related to COVID-19, landlords may not charge residential tenants interest on that unpaid rent for a period of 12 months following the expiration of the Order.

Read More: https://www.santamonica.gov/press/2020/05/08/new-emergency-orders-limit-construction-noise-suspend-plastic-bag-ban-extend-fire-permits-and-prevent-interest-on-rent