Rent control laws limit the amount landlords can charge tenants for rent. Rent control laws also affect how much rent may can increase from year to year. In the U.S., there are no federal or state laws that govern rent control. Cities pass their own rent control laws. Jurisdictions with rent control laws include cities in New York, California, New Jersey and Washington, D.C.
Supply and Demand
Generally, rent control exists in cities where the demand for housing exceeds the supply, making it difficult for middle- and low-income tenants to find housing. This regulatory set-up is unlike other places where the market determines how much a landlord may charge.
Even in rent control jurisdictions, some properties may have exemptions from rent control or have higher rent ceilings than others. Some exemptions may be based on the number of properties a landlord owns.
The exemption or rent ceiling could depend on whether it applies to a room in a house, a condo or a large apartment complex.
Government agencies that deal with housing will provide information regarding local rent control laws so consumers can learn their rights as a tenant or landlord.
To find out how the law applies to the facts of your particular situation, contact a qualified real estate attorney licensed to practice law in your state.
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