INTERNAL PROTOTYPE — NOT LEGAL ADVICE — DO NOT SEND

Sec. 6-203

Citation
Sec. 6-203 (i)
Parent Document
Portland City Code ch. 6
Jurisdiction
Portland (municipal)

Other Sections in This Document (920)

Full Text

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(i)  If a Covered Unit was not required to be
                    registered with the City as of April 1, 2021,
                    but is required to be registered with the City
                    after such date, the Base Rent shall be the
                    amount of Rent charged 120 days prior to the
                    date when the Covered Unit became required to
                    be registered, or if no Rent was charged at
                    such time, the first Rent charged by the
                    Landlord any time thereafter. The Base Rent for
                    any new Covered Unit entering the rental
                    housing market for the first time shall be the
                    Rent charged to the first Tenant, as set by the
                    Landlord.
            (ii) If a Covered Unit was required to be registered
                    with the City as of April 1, 2021, but is
                    removed from the rental housing market, the
                    Base Rent for such a Covered Unit upon reentry
                    to the rental housing market shall be the
                    Banked Rent, as measured from the time the 6-95