Over the course of several meetings, the Beverly Hills Rent Stabilization Commission has made a sweeping set of recommendations to the City Council for changes to the relocation fees granted to displaced tenants of rent stabilized apartments. If approved by the City Council, the changes would raise the amount of compensation granted to tenants in most cases, but would also reduce the level of compensation required of small landlords.
Under the city’s current regimen passed in 2017, the Rent Stabilization Ordinance requires owners of rent stabilized units to provide relocation fees to evicted tenants if the landlord or his family (including spouse, children or parents) plan to live in the unit; if a landlord seeks to move a new building manager into a unit occupied by a previous building manager; when a landlord intends to demolish or move the building, or convert the unit into condominiums, stock cooperatives, or community apartments; or if a landlord wishes to do major remodeling.
