INTERNAL PROTOTYPE — NOT LEGAL ADVICE — DO NOT SEND

Sec. 6-203

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

Other Sections in This Document (920)

Full Text

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The Landlord submitting an application for an
            additional rent increase bears the burden of proof,
            including the burden of providing all necessary
            documentation, to demonstrate that the increase is
            necessary to receive a fair return on investment. Such
            documentation shall include, but is not limited to:
            historical net operating income, revenue and expenses;
            the costs and expenses requiring Rent board approval of
            an additional increase; and what portion of shared
            costs and expenses can be fairly attributed to each
            individual covered unit.