Landlords losing the ability to use Ratio Utility Billing Systems on San Jose’s rent-controlled housing will want to read a newly published paper from the California Apartment Association.
The Industry Insight paper, just for CAA members, reviews the petition process underway to offset losses from the banning of RUBS in the city’s rent-controlled units. If landlords currently using RUBS are granted an offset, they’ll be permitted to add a portion of their RUBS charge to the tenant’s monthly base rent.
The paper covers everything from eligibility for the pass-through to notifying tenants of plans to file the petition to offset amounts. CAA continues to work with city officials to get clarification on several issues and will update member materials with new information as its provided.
The city of San Jose opened the petition period on July 5 …
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