Under the Los Angeles Municipal Code (LAMC), all landlords are required to obtain a business license from the city. This applies to both residential and commercial landlords, regardless of the number of units they own or rent out.
The business license fee for landlords varies depending on the number of units they own or rent out. For example, the fee for a landlord who owns or rents out one to three units is $75, while the fee for a landlord who owns or rents out four or more units is $100.
Landlords are also required to renew their business license every two years. The renewal fee is the same as the initial license fee.
In addition to obtaining a business license, landlords in Los Angeles are also required to comply with other city regulations, such as the Residential Rent Stabilization Ordinance (RSO). The RSO sets limits on how much landlords can raise rent for certain types of units, and it also provides tenants with certain rights and protections.
Landlords who fail to obtain a business license or comply with other city regulations may be subject to penalties, including fines and jail time.
Here are the steps to get a business license in Los Angeles as a landlord:
1. Go to the Los Angeles Department of Finance website.
2. Click on the "Business License" tab.
3. Select the "Landlord" business type.
4. Fill out the online application.
5. Pay the business license fee.
6. Print your business license.
Once you have obtained your business license, you must display it prominently in your rental unit. You must also provide a copy of your license to any prospective tenants.