INTERNAL PROTOTYPE — NOT LEGAL ADVICE — DO NOT SEND

Sec. 6-203

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

Other Sections in This Document (801)

Full Text

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Tax rate rent adjustment means the additional amount by
which a Landlord may increase the rent of a Covered Unit within a
given year. The Tax Rate Rent Adjustment may be added to the
Allowable Increase Percentage if and only if the City changes the
mil rate as compared to the previous Rental Year. In this case,
the tax rate rental adjustment is equal to the actual increase in
property taxes attributable to the individual Covered Unit.