The City of Monterey is rolling out the new Rental Inventory program and your participation is required. The cost of registration is $50 per unit. All residential rental property owners must register.
So as a landlord you’re required to register with the city each and every apartment, house, dwelling that you rent. The cost to register is $50 per unit. Landlords are required to provide the address, the sq ft, how many bedrooms, bathrooms, rent you charge per month, and current occupancy.
I suppose this is the city getting prepared to take control of housing.