|12/1965||22 / 712||Automatic up to 5%||YES||Ordinance|
|Arroyo Grande||05/1986||5 / 498||Lesser of 8% or 75% CPI||YES||1-1-3||Ordinance|
|Azusa||01/1992||6 / 548||8%/75% of CPI||NO||Ordinance|
Many homeowners have heard their manager make such a statement, especially those residents who are not willing to accept the “status quo” and have questioned management’s actions and authority. But just what are the connotations of such a statement?