San Jose Mun. Code Chapter 17.23 § 17.23.150
Net operating income (San Jose Apartment Rent Ordinance and Tenant Protection Ordinance)
Operative Text
"Net Operating Income" shall have the meaning provided in Section 17.23.810.A.
San Jose Municipal Code Chapter 17.23 § 17.23.150 establishes that the term 'Net Operating Income' carries a specific, defined meaning within the rent regulation framework, directing readers to Section 17.23.810.A for that definition. Rather than defining the term directly in this provision, the code uses a cross-reference to ensure consistent application of the concept throughout Chapter 17.23. This approach means that wherever 'Net Operating Income' appears in the chapter, its meaning is governed by the definition found in that referenced section.
Plain English — not legal advice.
Under San Jose Mun. Code Chapter 17.23 § 17.23.150, property owners and managers working with rent adjustment calculations should look to Section 17.23.810.A to understand precisely how Net Operating Income is defined for regulatory purposes. Compliant operators generally familiarize themselves with that cross-referenced definition before preparing or submitting any filings that involve income and expense calculations under Chapter 17.23. Ensuring that financial figures align with the definition in Section 17.23.810.A is a standard part of accurate recordkeeping and petition preparation.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
San Jose Mun. Code Chapter 17.23 § 17.23.150 signals that Net Operating Income is a term of art under the city's rent regulations, with its precise meaning set out in Section 17.23.810.A. Tenants may encounter this concept in the context of landlord petitions for rent increases based on income and expense claims, where the definition shapes what a landlord can and cannot count. Tenants who want to understand how this definition may affect a pending rent adjustment can review Section 17.23.810.A directly, consult the San Jose Rent Stabilization Program, or reach out to a local tenant-rights organization for general guidance.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated September 11, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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