This form allows a Landlord to give notice to a Resident if a Rent Rollback is required under AB 1482. Effective January 1, 2020, AB 1482 imposes Rent Caps and a Rent Rollback on many rental properties in California. The Rent Caps prohibit an owner from, over the course of a 12-month period, increasing the gross rental rate for a rental unit more than 5% plus the percentage change in the cost of living (CPI), or 10%, whichever is less, of the lowest gross rental rate charged for that unit at any time during the 12 months prior to the effective date of the increase. The Rollback requires landlords to, on January 1, 2020, roll rent back to the rent in effect on March 15, 2019 plus the allowed increase of 5% plus CPI, so that any large rent increases taken in anticipation of AB 1482 do not remain in effect.

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