Except as provided in subsection (c) of this section, the rent charged for any rental unit in a housing accommodation exempted by § 42-3502.05 , except subsection (a)(2) or (a)(7) of that section, upon the expiration or termination of the exemption, shall be the average rent charged during the last 6 consecutive months of the exemption, increased by no more than 5% of the average rent charged during the last 6 consecutive months of the exemption. The increase may be effected only in accordance with the procedures specified in §§ 42-3502.08 and 42-3509.04 . A structure or building, including the land appurtenant, which is located in the District in which 1 or more rental units as defined in § 42-3501.03(33) are established after July 17, 1985, shall subsequently be defined as a “housing accommodation” for the purposes of this chapter. If any rental unit in such a housing accommodation is not otherwise exempted by 1 of the provisions of § 42-3502.05 , the rent charged for the initial leasing period or the first year of tenancy, whichever is shorter, shall be determined by the housing provider and is considered to be the equivalent of making the computations specified in § 42-3502.06 . The rent charged for any rental unit exempted under § 42-3502.05(a)(5) upon the expiration or termination of the exemption shall be the rent charged on the date the unit became exempt plus each subsequent adjustment of general applicability authorized under § 42-3502.06(b) .
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