A. Upon the effective date of this chapter, no owner of residential real property shall charge rent in an amount that exceeds the sum of the base rent plus any lawful rent increases actually implemented pursuant to this chapter.

B. Increases in rent on residential real property in the City in excess of five (5) percent plus the Consumer Price Index for all urban consumers in the San Francisco-Oakland-Hayward or seven (7) percent, whichever is lower, and more than one rent increase in any twelve (12) month period, are prohibited, unless approved pursuant to a fair return petition pursuant to this chapter or expressly exempt under the Costa Hawkins Rental Housing Act codified in California Civil Code Section 1954.50 et seq. (Ord. 1067 § 2, 2023)