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<br /> <br /> <br /> <br />Page 1 of 6 <br />5/5/2026 <br />FAIR RATE OF RETURN <br />APPEAL FORM <br /> <br />Fair Rate of Return Appeal Form <br />(Appeals must be received by the City within 10 calendar days of the completion 1 of a substantial remodel) <br />General Instructions <br />1. Please review the Fair Rate of Return Appeal Guidelines before completing this form. The <br />guidelines can be found on the City’s webpage at www.RedwoodCity.org/TPO under the <br />“Regulations and Guidelines” section. <br /> <br />2. This form must be complete to be accepted. A complete form includes all of the following: <br /> <br />a. All sections of this form must be filled out <br /> <br />b. All required documents must be attached. Required documents include the following and <br />more information regarding the specifics of each required document can be found in the <br />applicable sections of this form. (Please check the box next to each document to confirm <br />it is attached to this form): <br /> <br />i. ☐ Proof of current business license (only required if property has 2 or more rental <br />units) <br /> <br />ii. ☐ Documentation showing the monthly rent amount at the time the tenancy was <br />terminated. This can be a copy of the most recent lease agreement or the notice <br />of termination that includes the monthly rent amount. <br /> <br />iii. ☐ Documentation demonstrating how the Right to Return Rent was calculated. <br /> <br />iv. ☐ A worksheet demonstrating the calculation for the proposed rent <br /> <br />v. ☐ A detailed description of the scope of work of the substantial remodel. <br /> <br />vi. ☐ Proof of final building permit inspection or a copy of a signed letter from a <br />licensed contractor certifying that the substantial remodel is complete (this is only <br />acceptable if a building permit was not required) <br /> <br />vii. ☐ Itemized list of substantial remodel costs with invoices (including proof of <br />payment) or receipts for each item. For building and/or property-wide <br />improvements, please include calculations for how those costs were distributed to <br />each unit. Proof of payment must be included for each item. Acceptable proof of <br /> <br />1 "Completion" and "completed and ready for reoccupancy" means when either: <br />i. A final building permit inspection has been conducted and approved by City Building Department staff; or <br />ii. If no permits are required, a letter from the licensed contractor that completed the substantial remodel work <br />certifying that the substantial remodel is complete and the rental unit is ready for re-occupancy is submitted to <br />the City. <br /> <br />8.A. - Page 62 of 85 <br />320