Are there restrictions on how much I can charge for utilities in my condo unit?
Yes, there are restrictions on how much you can charge for utilities in your condo unit in California. Under California law, condo owners are only allowed to charge up to half of the total cost of utilities that they must pay directly, such as electricity, gas, water, and sewer. In addition, condo owners are not allowed to charge renters for any portions of the utilities that are included in their HOA fees. It is important to note that while these restrictions on how much can be charged for utilities in your condo unit exist, they do not apply to any costs associated with the rental of the condo itself, such as property taxes or insurance. Furthermore, condo owners have the right to enter into contracts with their tenants as long as the terms of the contract do not violate any state or local laws. These contracts can potentially cover additional charges for utilities, but this will depend on the specifics of the individual contract. It is important that condo owners in California are aware of these restrictions on how much they can charge for utilities in their condo unit. Failing to comply with these regulations can result in a variety of penalties, which can range from fines to the revocation of their rental license.
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