If a Landlord believes they are not receiving fair return on their Rental Unit(s) and would like to seek an increase in Rents above the maximum allowable Rent Increase, are there any options under the Ordinance for the Landlord?

A Landlord may submit a Fair Return Petition to the City to request a Rent Increase in excess of the maximum allowable Rent Increase in order for the Landlord to receive a “fair and reasonable return” on a Rental Unit. See SAMC § 8-3142 and the Ordinance Regulations, Policies and Procedures for all necessary requirement and procedures.