Mountain View’s Measure V Rent Rollback

April, 2017

 

On November 8, 2016, voters approved the Mountain View Community Stabilization and Fair Rent Act (“Measure V”). Measure V implements rent control for most multifamily rental units built before February 1, 1995, prohibits evictions without just cause, creates a Rental Housing Committee, and allows landlords to be charged fees to implement Measure V. It also requires a roll back of rents to October 2015.

Measure V was due to go into effect on December 23, 2016. A lawsuit was filed challenging Measure V. As part of the lawsuit, a motion for temporary restraining order was filed to attempt to halt the implementation of Measure V. On December 22, 2016, an agreement temporarily stayed implementation of Measure V, so landlords were not required to roll back rents to October 2015 unless the stay was lifted.

On April 4, 2017, the Court denied the motion for preliminary injunction. As a result, landlords of units subject to Measure V must roll back rents to October 2015 rates and comply with rent increase limitations.

A copy of the Court’s Order and Measure V can be found here:

Mountain View landlords should also be familiar with the Just-Cause Evictions Urgency Ordinance, the Right to Lease Ordinance, and the City of Mountain View Rental Dispute Resolution program.

Additional Resources:

Kimball, Tirey and St. John LLP is a full service real estate law firm representing residential and commercial property owners and managers. This alert is for general information purposes only. Laws may have changed since this article was published. Before acting, be sure to receive legal advice from our office.  If you have questions, please contact your local KTS office. For contact information, please visit our website: www.kts-law.com. For past Legal Alerts, Questions & Answers and Legal Articles, please consult the resource section of our website.

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