Company: INTG
Filing Date: 2025-09-30
Form Type: 10-K
Source: 0001493152-25-016154
Chunk: 37

Company: INTERGROUP CORP
Filing Date: 2025-09-30
Form: 10-K
Item: Item 1
Chunk 37
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 resolution expired on March 31, 2023. In unincorporated Los Angeles County, annual rent increases for fully covered
units are limited to 60% of CPI, capped at 3%, effective January 1, 2025. For City of Los Angeles COVID-19 rental debt, repayment deadlines
have passed (August 1, 2023 for rent owed March 1, 2020-September 30,2021; February 1, 2024 for rent owned October 1, 2021-January 31,
2023), after which landlords may pursue such amounts in court. Additionally, the City has permanent protections including a Just Cause
Ordinance and “economic displacement” relocation assistance when a rent increase exceeds the lesser of 10% or CPI+5% and
the tenant chooses to move. Statewide, AB 1482 caps rent increases for most covered units at 5% + CPI (max 10%), and AB 12 limits most
residential security deposits to one month’s rent effective July 1, 2024.

Item
3. Legal Proceedings.

The
Company may, from time to time, be subject to legal proceedings, claims, and litigation arising in the ordinary course of business. As
of June 30, 2025, the Company is not a party to any material pending legal proceedings, nor are any such proceedings known to be contemplated
by governmental authorities. Management believes that the outcome of any ordinary course matters, if they were to arise, would not have
a material adverse effect on the Company’s consolidated financial position, results of operations, or cash flows. We are not a
party to any governmental environmental proceedings required disclosure under Item 103 of Regulation S-K, including any proceeding involving
potential monetary sanctions of $300,000 or more. We recognize and disclose loss contingencies in accordance with ASC 450; see Note 17
– Commitments and Contingencies.

Item
4. Mine Safety Disclosures.

Not
applicable – the Company does not operate any mines subject to the Federal Mine Safety and Health act of 1997 and therefore has
no disclosure required under Section 1503(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

20

PART
II

Item
5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

MARKET
INFORMATION

The
Company’s Common Stock is listed and trades on the