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Sec. 6-203

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

Other Sections in This Document (801)

Full Text

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(d) Base rent following consolidation of Covered Units. When
two (2) or more Covered Units are consolidated to create a single
Covered Unit, the Base Rent for the resulting Covered Unit shall
be equal to the Banked Rent of the larger of the two previously-
existing Covered Units, increased by a percentage equal to the
increase in square footage of the new Covered Unit.
(By Referendum, 11-3-2020) Sec. 6-234. Rent increase limitations.