vacancy decontrol. definition
vacancy decontrol.. This means that the landlord can re-rent a unit at the market rate when the tenant moves out voluntarily or when the landlord terminates the tenancy for nonpayment of rent.
vacancy decontrol. means a system of controls on the price at which residential rental units may be offered for rent or lease
vacancy decontrol.. ’ means a system of controls on the price at which residential rental units may be offered for rent or lease which permits the rent to be increased to its market level, without restriction, each time a vacancy occurs. ‘‘Vacancy decontrol’’ includes systems which reimpose controls on the price at which residential rental units may be offered for rent or lease upon rerental of the unit.
More Definitions of vacancy decontrol.
vacancy decontrol. means that, with each vacancy, the landlord can charge the new, incoming tenant a market-rate rent. Effectively, each vacancy equals the loss of an affordable unit.