Rent stabilization definition

Rent stabilization means, collectively, the rent stabiliza-
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Rent stabilization means allowing rent increases for residential premises of a fixed amount or on a fixed schedule as set by a political subdivision.
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Rent stabilization means, collectively, the Rent Stabilization Law of 1969, the Rent Stabilization Code, and the Emergency Tenant Protection Act of 1974, together with any successor statutes or regulations addressing substantially the same subject matter.
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Examples of Rent stabilization in a sentence

  • Rent stabilization allowances means collectively the Allowable Increase Percentage, the Tax Rate Rent Adjustment, and any additional rent increase exemptions approved by the Rent Board under Section 6-234 of this Article.

  • Rent stabilization ordinance means Chapter 6, Article XII of the Code of Ordinances, City of Portland, Maine, as amended.

  • Rent stabilization legislation was adopted by the State of Oregon during the 2019 legislative session and the state will essentially administer associated programs.

  • New York Residential Rental Lease Application | US Legal Forms326 Rent stabilization rider, use with T 327 and A 53, pkg.

  • Rent stabilization reports are due, on an annual basis, no later than the following date.

  • Rent stabilization limits the annual rate at which rents can increase.

  • Other policies provide residents with advance notice of the conversion (so they can plan for an orderly move) and provide relocation assistance to displaced households.• Rent stabilization policies specify that once an initial rent is set it can only rise by a specified amount each year.

  • The owner cannot look up this information themselves.Owners who believe they are exempt from the Rent stabilization ordinance because of the 20-year new construction exemption may request the certificate of occupancy information from the Department.

  • Impact on Existing Rental Housing Stock Rent stabilization, however, can affect existing stock by inducing landlords to remove controlled units from the market.

  • For building demolitions and conversions to non-residential uses, no action is needed regarding the Rent stabilization ordinance.


More Definitions of Rent stabilization

Rent stabilization means, collectively, the Rent Stabilization Law of 1969, the Rent Stabilization Code, and the Emergency Tenant Protection Act of 1974, all as in effect as of the date of this Agreement or as amended thereafter, together with any successor statutes or regulations addressing substantially the same subject matter.
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Rent stabilization means the earlier of: (1) the date which is twenty-four (24) months after the Commencement Date; or (2) the date upon which (i) the Project shall have been ninety percent (90%) occupied for a period of 90 consecutive days, (ii) the construction loan has converted to its permanent phase, (iii) a 1.2% debt service coverage ratio has been achieved and (iv) the investor member’s capital contribution earmarked for stabilization has been made. Tenant hereby unconditionally warrants and represents that it will use its best efforts to ensure that the Project achieves Rent Stabilization as soon as possible.‌
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Related to Rent stabilization

  • farm building means that part of a bona fide farming operation encompassing barns, silos and other ancillary development to an agricultural use, but excluding a residential use;

  • B-BBEE means broad-based black economic empowerment as defined in section 1 of the Broad-Based Black Economic Empowerment Act;

  • Stabilize means to provide medical treatment of the condition as may be necessary to assure, with reasonable medical probability, that no material deterioration of the condition is likely to result from or occur during the transfer of the individual from a facility, or, with respect to a pregnant woman who is having contractions, when there is inadequate time to safely transfer her to another hospital before delivery (or the transfer may pose a threat to the health or safety of the woman or un- born child), “Stabilize” means to deliver (includ- ing the placenta).