HB 2114 – Rent Stabilization

Bill brief
Housing 

Key provisions
• Caps the total percentage a housing provider can increase rent by to 7% annually. Housing providers must provide a 180 day notice of any rent increase.
• Allows tenants to break their lease with no consequences if notified that their rent will increase beyond 5%.
• Limits late fees to 1.5% of the base rent.
• Applies the Consumer Protection Act to violations of this law.


Bill Numbers:

Keywords:


file_download
DOWNLOAD PDF