California AB754 regulates rent caps for floating home marinas in Marin County, allowing certain increases and prohibiting fees beyond rent and.
California AB754 amends the Civil Code to regulate rent caps for floating home marinas in Marin County. It allows marina management to increase the gross rental rate for a tenancy for a floating home berth by up to 3% plus the percentage change in the cost of living, or 5%, whichever is lower. If the same homeowner maintains a tenancy over any 12-month period, the increase is limited to 3% plus the percentage change in the cost of living, or 5%, whichever is lower. The bill also specifies conditions for rent increases in the event of a qualifying in-place transfer of a floating home.
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