Property MattersFebruary 2011
 
Logo
 
divider
FirstArtSan Francisco Rent Board Publishes 2011 Allowable Rent Increases and Other Set Increases and Fees

 

Effective March 1, 2011 through February 29, 2012, the allowable annual increase amount is 0.5%. In accordance with Rules and Regulations Section 1.12, this amount is based on 60% of the percentage increase in the Consumer Price Index (CPI) for All Urban Consumers in the San Francisco-Oakland-San Jose region for the 12-month period ending October 31, which was 0.9% as posted in November 2010 by the Bureau of Labor Statistics.

 

To calculate the dollar amount of the 0.5% annual rent increase, multiply the tenant's base rent by .005. For example, if the tenant's base rent is $1,250.00, the annual increase would be calculated as follows: $1,250.00 x .005 = $6.25. The tenant's new base rent would be $1,256.25 ($1,250.00 + $6.25 = $1,256.25).

  
Other Important Numbers
  
Security Depost Interest
March 1, 2011 - February 29, 2012                              0.4%
  
Rent Board Fees
Tenant's Amount*                                                        $14.50
Landlord's Amount*                                                     $14.50
  
*residential hotel tenants owe only one-half this amount
  
Capital Improvement Interest Rate
7 Year Amortized Improvements                                 2.7%
10 Year Amortized Improvements                               3.2%

 

15 Year Amortized Improvements                               3.6%
20 Year Amortized Improvements                               4.0%
  
Relocation Payments for Evictions Under the Ellis Act
Relocation Per Tenant                                                $5,105.20
Maximum Per Unit                                                       $15,315.56
Additional for Each Elderly or Disabled Tenant           $3,403.45
  

Relocation Payments for Evications based on Owner/Relative Move-In or Demolition/Permanent Removal of Unit from Housing Use or Temporary Capital Improvement Work or Substantial Rehabilitation

Relocation Per Tenant                                                $5,101.00
Maximum Per Unit                                                       $15,304.00
Additional for Each Elderly or Disabled Tenant           $3,401.00
  

SecondArticleNon-Smoking Signs Now Required by Law

 

San Francisco Health Code Article 19F provides protection from second hand smoke by prohibiting smoking in enclosed and unenclosed areas. And now, property owners are required by law to post no smoking signs in their buildings.

Doors to common areas of multi-unit housing complexes must be closed while smoking occurring.

Smoking is allowed beyond 10 feet of common outdoor areas such as a patio, courtyard, etc.

Smoking is permitted at the curb outside of commercial, multi unit residential, and mixed use building entrances, exits and operable windows.  If there is no curb, no smoking within 15 feet of private commercial, multi unit residential, and mixed residential building entrances, exits and operable windows.

 

Signs must meet the following requirements:

  1. Must be posted no higher than 8 feet and no lower than 5 feet, and within 10 feet of the door or the most appropriate place for visibility from outside.
  2. In letters no less than one half inch in height, the text should read: "Smoking only 1) at the curb, or 2) if no curb, at least 15 ft. from exits, entrances, operable windows, and vents"
  3. The international "No Smoking" symbol, consisting of a pictorial representation of a burning cigarette enclosed in a circle, with a diameter of at least three inches, with a bar across it.
  4. A statement at the bottom of the sign that reads "SF Health Code Article 19F" in font no less than 1/8 inch in height.

For a downloadable version of a no smoking sign that meets these requirements, please visit www.smokefreesf.org.

 

In This Issue 
Lingsch Realty

Find us on Facebook

QuestionsQuestions?
Have a property management question?  Chances are others do too.  Submit your question and see the answer in next month's newsletter.
 
ReferralsGet Paid for Referrals
Know someone who needs property management services?
 
Refer a friend to Lingsch Realty's property management division and received $100 off property management services.
LinksQuick Links
JoinJoin Our Mailing List
Lingsch Realty is a Proud Member of:  
  
San Francisco Apartment Association
ForRentJUST RENTED 

Address

Neighborhood

Bed

Bath

Description

Price

752 39th Ave.

Outer Richmond

2

1

Large Victorian Flat

$2,150

 

footer