4202 RENT CEILING UPON TERMINATION OF EXCLUSION

4202.1 A rent ceiling shall be established for each rental unit excluded on April 30, 1985 from coverage under the Act by § 205(e) upon the occurrence after that date of any event that causes the unit to lose its § 205(e) exclusion and come under the provisions of the Rent Stabilization Program.

4202.2 The rent ceiling for a rental unit described in § 4202.1 shall be the lesser of the following:

1. (a) The rent ceiling for that unit authorized under the Act or prior rent control law during the month immediately preceding the date upon which the unit became excluded from coverage under the Act or prior rent control law increased by the amount of each rent ceiling adjustment of general applicability authorized by § 206(b) of the Act or prior rent control law; or
2. (b) The rent for that rental unit during the first month of the rent period following the event which caused the rental unit to lose its § 205(e) exemption, as established by the housing provider.

4202.3 The rent ceiling for a rental unit described in § 4202.1 shall be established on the first to occur of:

1. (a) The date upon which the housing provider first complies with the registration requirements of § 4101.3; or
2. (b) The date thirty (30) days following the event that causes the unit to lose its § 205(e) exclusion.

SOURCE: Notice of Final Rulemaking published at 33 DCR 1336, 1385 (March 7, 1986).