Common use of Basis For Application Clause in Contracts

Basis For Application. A landlord may file a rent adjustment application with the city for all rental units in the landlord's rental complex to achieve a just and reasonable return based on net operating income principles as set forth in subsection B of this section, or on any other ground authorized by this chapter or by regulations adopted by the city council.

Appears in 2 contracts

Sources: Rent Stabilization, Rent Stabilization Agreement