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New York Codes Rules Regulations (Last Updated: March 27,2024) |
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TITLE 9. Executive Department |
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Subtitle S. Division of Housing and Community Renewal |
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Chapter VIII. Rent Stabilization Regulations |
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Subchapter B. Rent Stabilization Code |
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Part 2522. Rent Adjustments |
Sec. 2522.2. Effective date of adjustment of legal regulated rents
Latest version.
- The legal regulated rent shall be adjusted effective the first rent payment date occurring 30 days after the filing of the application, unless otherwise set forth in the order, or on the effective date of a lease or other rental agreement providing for the rent guidelines board annual rate of adjustments, or upon vacancy or succession as provided in section 2522.8 of this Part. No rent adjustment may take place during a lease term unless a clause in the lease authorizes such increase, or as otherwise provided by law and this Code.