Item 38 - Santa Ana Rental Registry Informational Report

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corporation. EXHIBIT 2 B. The following conditions have been met: The tenants have been provided written notice that the residential property is exempt from this section using the following statement: "This property is not subject to the Rent limits imposed by Santa Ana Municipal Code section 8-3140 and the Owner is not any of the following: (1) a real estate investment trust, as defined by section 856 of the Internal Revenue Code; (2) a corporation; or (3) a limited liability company in which at least one member is a corporation." ii. For a Tenancy existing before the effective date of this ordinance the notice required under clause (i) may, but is not required to, be provided in the rental agreement. iii. For a Tenancy commenced or renewed on or after the effective date of this ordinance, the notice required under clause (i) must be provided in the rental agreement. • A property containing two separate dwelling units within a single structure in which the Owner occupied one of the units as the Owner's principal place of residence at the beginning of the Tenancy so long as the Owner continues in occupancy, and neither unit is an accessory dwelling unit or a junior accessory dwelling unit Any Landlord that claims an exemption from the Ordinance must file a claim of exemption with the City. The claim of exemption must be filed annually, or the Rental Unit will not be exempt from the Ordinance. Any time a Rental Unit that has been exempted loses its exempt status due to termination of the conditions qualifying it for exemption, the Landlord of such Rental Unit is required to file a Registration Form for said Rental Unit within thirty (30) days of the change in status. What is the purpose of the information being collected? The City's Rental Registry gathers key data on rent -stabilized units through the submission of a Registration Form. Some of the information required in the Registration Form is detailed in Section 8-3160(g) of the Ordinance. However, the Ordinance also provides that the Program Administrator, at his/her/their discretion, may require additional information to be collected and recorded in the Registration Form in furtherance of the objectives of the Ordinance. It is important to note that lease agreements, Social Security Numbers, Employer Identification Numbers or any other confidential information unrelated to compliance with the Ordinance is not collected in the Rental Registry. The City has determined that the information collected in the Registration Form, which is all directly related to Rental Units, is necessary to collect in furtherance of the objectives of the Ordinance. Updated October 2023 2 1 P a g e