Can a family member take over a rent controlled unit?
Generally speaking, you cannot move into a rent-controlled unit and take over, even if you are a close relative. According to attorney Janet Portman, author of “Every Tenants Legal Guide,” “unless the tenant lived in the unit with family members (or a registered domestic partner) the tenancy will end at the tenant’s death.”
Is there such thing as a rent controlled apartment?
What Is a Rent-Controlled Apartment? A rent-controlled apartment is, to some, the holy grail of the New York City rental market. Not only are such units usually very good deals, but they are also pretty much unattainable. How rent control works is also commonly misunderstood — it’s one of many confusing and complex rent-regulation programs.
Can a senior citizen live in a rent stabilized apartment?
senior citizen and lives in a NYC rent stabilized apartment, the landlord may not recover the apartment for his or her primary residence unless the tenant is offered a comparable apartment in the same neighborhood at the same or lower regulated rent.
Can a landlord recover an apartment from a senior citizen?
If the tenant or the tenant’s spouse is a senior citizen and lives in a NYC rent stabilized apartment, the landlord may not recover the apartment for his or her primary residence unless the tenant is offered a comparable apartment in the same neighborhood at the same or lower regulated rent. Lease Succession Rights
Can a senior citizen take over an apartment under rent control?
Under the rent control rules, you could take over or “succeed” to the apartment only if you had lived with your mother for the two-year period immediately preceding her passing or departure from the apartment, or, if you are a senior citizen or are disabled, you only had to have lived with your mother for one year.
What Is a Rent-Controlled Apartment? A rent-controlled apartment is, to some, the holy grail of the New York City rental market. Not only are such units usually very good deals, but they are also pretty much unattainable. How rent control works is also commonly misunderstood — it’s one of many confusing and complex rent-regulation programs.
senior citizen and lives in a NYC rent stabilized apartment, the landlord may not recover the apartment for his or her primary residence unless the tenant is offered a comparable apartment in the same neighborhood at the same or lower regulated rent.
Are there any concerns about renting to elderly tenants?
These concerns include the following: In some cases, elderly clients have occupied rent-controlled units for a long time, creating a revenue pinch for landlords who could get more income if the current tenant moved.