Matthew Hall
October 2, 2015

The Rent Control Board tabled a decision on creating a database of rental buyout agreements, which could allow tenants to see if the offer made to them is fair compared to the market. The Board has required landlords to give tenants a document detailing their rights during a buyout: refusing the offer, speaking with a lawyer, finding information about other buyout agreements in the area from the Board, and the ability to revisit their acceptance of the offer for up to 30 days.

Denise McGranahan, senior attorney at Legal Aid Foundation of Los Angeles, said there are ways to gather and disseminate valuable information without compromising the privacy of those involved. “I actually oppose the recommendation of staff that you not adopt a regulation that records the recording of collection of agreements with respect to buyouts,” she said. “We have six Ellises this month that were filed, we have a lot going on with respect to the rental market and it’s heating up more and more and people are going to be facing these voluntary buyouts and I don’t think we should delay.”

Ellis Act evictions are a method for landlords to remove units from the market, and can be used to bypass rent control or reset the rates.

Rental buyout debate continued to April
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Organizations mentioned/involved: Legal Aid Foundation of Los Angeles (LAFLA)
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