CPI Rent Adjustment definition

CPI Rent Adjustment means the maximum rent adjustment (calculated annually according to a formula pursuant to Section 8.22.070 B.3) that an owner may impose within a twelve (12) month period without the tenant being allowed to contest the rent increase, except as provided in Section 8.22.070B.2 (failure of the owner to give proper notices, decreased housing services, and uncured code violations).
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CPI Rent Adjustment means the maximum Rent adjustment
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Examples of CPI Rent Adjustment in a sentence

  • Each subsequent CPI rental adjustment shall be by reference to the CPI in effect at the time of the prior CPI Rent Adjustment Date.

  • The rent so calculated shall be the monthly rent for each month during the one (1) year period from each CPI Rent Adjustment Date until the next CPI Rent Adjustment Date, FRV Rent Adjustment Date (as defined in Section 3.1(C)) or Termination Date, payable monthly in advance, beginning on the first day of each and every month during each such one (1) year period.

  • The Fair Rental Value so calculated shall be the monthly rent for each month during the one (1) year period after each FRV Rent Adjustment Date until the next CPI Rent Adjustment Date or Termination Date, payable monthly in advance, beginning on the first day of each and every month during each such one (1) year period.

  • The Fair Rental Value so calculated shall be the monthly rent for each month during the one (1) year period from each FRV Rent Adjustment Date until the next CPI Rent Adjustment Date or Termination Date, payable monthly in advance, beginning on the first day of each and every month during each such one (1) year period.