Is the lease exempt if the building is rent stabilized?
New York Landlord Legal Compliance Update
So is the lease exempt from the GCEL if the building is rent stabilized?
Question ID: 6604730 Status:
Open Jan 23, 2025 - 06:34 PM
1answer
Answer
Jan 24, 2024 - 06:25 PM
Yes. There's a box for it.
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New York Landlord Legal Compliance Update
New Good Cause Eviction law (“GCEL”) limits evictions, requires lease renewals, and caps rent increases. A new form must be included in every lease, renewal lease, notice of rent increase or nonrenewal,14-day rent demand and eviction petition. Join us to learn more about these legal updates so you c...
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