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providing at least thirty (30) days' written notice to the Tenant of the Rent Increase pursuant to California Civil Code section 827, as may be amended. A Landlord may not impose an annual Rent Increase, unless the Covered Rental Unit or Mobilehome is registered with the Rent Board and not delinquent in registration payments pursuant to Rent Board regulations. This Section shall limit annual Rent as follows: A. If the change in CPI is three percent (3%), or higher, the annual maximum allowable Rent Increase will be equivalent to 80% of the percentage increase in CPI or three percent (3%), whichever is lower; B. If the change in CPI is between one percent (1%) and three percent (3%), the maximum allowable Rent increase will be equal to 80% of the percentage increase in CPI. C. If the change in CPI is negative, no rent increase is permitted. D. Where a Tenant, Mobilehome Owner, or Resident has already paid Rent in excess of three percent (3%) above the Rent charged on February 25, 2020, the Landlord shall credit the Tenant, Mobilehome Owner, or Resident the balance of the overpayment. The Landlord may either: (a) pay the Tenant, Mobilehome Owner, or Resident the balance of the overpayment directly in one lump sum, or (b) give the Tenant, Mobilehome Owner, or Resident a credit against the Rent otherwise due from the Tenant, Mobilehome Owner, or Resident to the Landlord over a six-month period. For any Covered Rental Unit or Mobilehome where the Landlord has not increased the Rent for a particular Tenant, Mobilehome Owner, or Resident by the maximum allowable rate of three percent (3%) of the Rent charged on February 25, 2020, the Landlord may only increase the Rent for that particular Tenant, Mobilehome Owner, or Resident, following the effective date of this Ordinance by an amount that when added to the amount of any Rent increase noticed on or after February 25, 2020, does not exceed three (3%) of the monthly Rent charged on February 25, 2020, or of the initial Rent charged, if the tenancy began after February 25, 2020. (3) No Banking, A Landlord who refrains from imposing an annual rent increase or any portion thereof may not accumulate said increase and impose that amount on the Tenant's/Resident's subsequent rent increase anniversary dates. (4) One Rent Increase Per Year. No more than one rent increase may be imposed on a Tenant household in any twelve-month period following the effective date of the Ordinance. (5) Postine. As soon as the Landlord is aware of the maximum allowable rent as posted by the Rent Board, the Landlord shall post it for each Covered Rental Unit or Rental Unit/Dwelling, or Mobilehome space. 53