Among its main provisions, the Rent Ordinance: Regulates and limits rent increases for most rental units. Regulates and limits the grounds for which a landlord may terminate a tenancy, and may require relocation payments for tenants who are displaced from a rental unit through no fault of their own.
Annual General Adjustment announced, effective September 1, 2024. Pursuant to Alameda Municipal Code Section 6-58.60(B), the Annual General Adjustment for September 1, 2024, through August 31, 2025, is 2.7%. The Annual General Adjustment is a cap on the allowed amount of annual rent increase.
Most rental units in Alameda, however, are “fully regulated” and subject to all provisions of the City's Rent Ordinance, including regulations on rent increases. Any multi-unit property built prior to February 1, 1995, is subject to local rent control and the Rent Ordinance's annual limit on rent increases.
These decisions are made by such stakeholders as the corporation's managers, directors, officers or owners. Corporate resolutions are necessary business documents for corporations, whether they be for-profit or nonprofit.
Corporate resolutions are necessary business documents for corporations, whether they be for-profit or nonprofit.
Typically, corporations require these documents when an agreement between the owners and the board may enable business transactions and decisions.