Rent Adjustments for Seismic Retrofit Work
This bulletin summarizes the requirements of two ordinances: (1) Ordinance No. 183893 which mandated earthquake hazard reduction in soft story buildings, and, (2) Ordinance No. 184080 which allows owners to pass-through seismic retrofit costs to tenants. It focuses on the general requirements and the process for obtaining cost recovery for expenses incurred in the completion of the seismic work.