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Lease Renewal notice period nyc Form: What You Should Know

For Rent Stabilized Tenants — No longer a separate document, this is now simply called a “Renewal Notice” from the Rent Guidelines Board. New York State Rent Guidelines & Regulations — NY. G.S.§ § 3.4-734, ET. seq. § 3.4-734.  The rent guidelines may be amended by a rule or regulation adopted pursuant to the authority conferred on the board. § 3.4-735.  The rules and regulations of the board pertaining to rental housing must be published annually. § 3.4-737.  The rules and regulations of the board shall be amended, renewed, or revoked by a vote of a majority of all the Board's members unless a resolution authorizing the board's action specifically directs otherwise. New York State Rent Guidelines & Regulations — NY. G.S. §§ § 3.6.4, 3.6.12 § 3.6.4.  A lease that includes any periodic rent increase for three months or more may not be renewed unless the annual rent increase is approved by a vote of a minimum percentage of the Board's full membership at a public meeting. § 3.6.12.  If the annual rent increase of a lease that includes any periodic rent increase is approved on at least two consecutive days, the lease shall not be renewed unless the annual rent increase is approved on a third day by a vote of at least two thirds of the Board's full membership at a public meeting. New York State Rent Guidelines & Regulations —§ §§ 3.8.1, 3.8.2 § 3.8.1.  The Board may, by rule, issue a rent increase order up to 10% above the last specified increase in the annual rent table. New York State Rent Guidelines & Regulations — §§ 11-100, et seq. § 11-100.  The Board may, by rule, issue a rent increase order up to 10 percent above the last specified annual rent table increase for a building, unit or group of units. New York State Rent Guidelines & Regulations — § 11-100.1 § 11-100.1.

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