The Tenant Protection Act caps annual rent increases at 5% plus CPI, with a hard ceiling of 10%, on housing built more than 15 years ago.
The 15-year window rolls forward, so a building drifts into coverage with age rather than being fixed by its construction date at purchase.
Exemptions
- Housing issued a certificate of occupancy within the previous 15 years.
- An owner-occupied duplex is exempt when the owner occupied one unit as their principal residence at the tenancy's start and remains there.
- A separately alienable single-family home or condominium is exempt only when the owner is not a REIT, corporation, or LLC with a corporate member and the tenant received the statutory exemption notice.
- Annual cap
- 10%
- Owner-occupied exemption
- Yes
In effect since 2020-01-01.