South Portland, ME Code of Ordinances ch. 12 (Housing)

Citation: South Portland, ME Code of Ordinances ch. 12 (Housing)
Jurisdiction: South Portland (municipal)
Source: Official source
Original Source: https://southportland.gov/DocumentCenter/View/1428/CH-12-Housing ↗

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This Article shall be known as the “City of South Portland Rent Stabilization
Ordinance.” The purpose of the ordinance is to address increasing rental costs
within the City; to stabilize and make more predictable future rent increases; and
to provide Landlords with a fair and reasonable return on their investment.
(Ord. No. 17-22/23, 2/21/2023 [Fiscal Note: Less than $1000])
Sec. 12-502. Definitions.

Notwithstanding any other provision of this chapter to the contrary, as used
in this Article, the following words and phrases shall have the meanings ascribed to
them in this section.

Affiliate means, with respect to an Owner: (a) any partnership in which that
Owner, or a spouse or domestic partner of that Owner, is a general partner, as well
as any other general partner of that partnership; (b) any limited liability company
of which that Owner, or a spouse or domestic partner of that Owner, is a member or
manager; (c) any corporation or other entity of which that Owner, or a spouse or
domestic partner of that Owner, is: (i) a director or officer; or (ii) in Control;
(d) any individual who is a spouse or domestic partner of that Owner; (e) a general
partner of an Owner that is a partnership, a member or manager of an Owner that is a
limited lability company, or a director or officer of that Owner; (f) a Person that
is in Control of that Owner or that is Controlled by that Owner; and (g) an
Affiliate of a Person that is otherwise an Affiliate of that Owner.

Annual Rent Adjustment means the maximum percentage amount by which the Rent
for an existing tenancy in a Housing Unit may be increased within a 12-month period.

Applicability Date means May 27, 2023.