The City of Tacoma has passed an ordinance regarding rentals. The new “Rental Housing Code” goes into effect February 1, 2019.
The code:
- Increases the number of days a landlord must give a tenant before terminating a tenancy;
- Requires a 60-day notice before raising rent;
- Depending on the length of the lease, allows tenants to pay deposits and last month’s rent in installments;
- Requires landlords to pay tenant relocation assistance in certain circumstances; and
- Requires landlords to provide tenants with specific information – which has not yet been created by the city.
There are stiff penalties for violations, including possible $500/day penalties.
We are here to help you and your clients with all aspects of the rental market. Please contact us for further assistance!
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