On December 8, 2021, the California State Lands Commission (CSLC) unanimously approved the staff recommendation for new annual rental rates for piers, buoys, and other uses:
- Category 1 sets pier rental rates at $.0814 per square foot for the portion of the pier lakeward of the low water mark (6223.0 LTD) (currently $0.79 per square foot).
- Category 1 sets buoys rental rates at $273 per buoy (currently $377 per buoy).
- Category 2 sets rentals rates for non-water dependent uses such as upper sundecks on boathouses, and residential uses over the water at $13.05 per square foot.
Each lessee will need to calculate whether or not applying for a rent revision makes sense. The cost to process a Lease Amendment will vary depending on the transaction, and the CSLC estimates it will cost approximately $1,000.00.
ATTENTION MEMBERS: Watch for upcoming information detailing the CSLC action and how it affects you.
Information provided by the Tahoe Lakefront Owners’ Association. For more information visit tloa.net
Looking for a lakefront estate in Lake Tahoe? Give me a call/text at 530.277.8881 or email me at [email protected]!
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