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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If a Landlord chooses to not impose any rent increases to
which they are entitled pursuant to Section 6-234 above, these
increases may be banked, in whole or in part, with the annual
registration required under Section 6-151. Banked increases may
be used to raise the rent of Covered Units in subsequent years in
addition to Rent Stabilization Allowances, subject to the
limitations in Section 6-234, including that no single increase
of such rent shall exceed ten (10) percent.
(By Referendum, 11-3-2020; By Referendum, 11-8-2022)