Monterey City Council Moves Forward With Rental Registry
Designed to publicize the who and how much of tenant housing, a rental registry tracks a jurisdiction’s rental stock. Among the information a registry could provide is tenant changes, initial rents, subsequent rent increases and evictions. It would also ask landlords to provide the names of property owners, lease terms, utilities that are covered by rent rates and reasons for any non-renewal or evictions. Under these kinds of programs, landlords are typically required to register their properties, pay a fee and submit information about their units on an annual basis.
Some property owners of rental properties are concerned that this will lead to some sort of rent control in the future. Selling multiunit property Monterey.