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Re: Lease error? Need help. Please respond!!!!!

Posted by Mark Smith on July 24, 2000 at 15:05:08:

In Reply to: Re: Lease error? Need help. Please respond!!!!! posted by EGH on July 24, 2000 at 14:42:49:

I agree with everything EGH wrote.

And I don't understand how being offered a lower rent really affects Pete's decision between a one-year renewal lease and a two-year renewal. The one-year lease is generally the better choice.

EGH responded:

: Sign the lease renewal offer and return it. Hope the landlord
: countersigns it without noticing the rent level. You have no
: obligation to point it out to him.

: Nothing in the rent stablization code says that a landlord
: has to take the full increase allowable. If he countersigns
: the lease renewal offer, your attitude should be that he has
: agreed that the offer represents the full stabilized rent,
: continuing in effect even after services are restored.
: The landlord may disagree, but you'd be on fairly solid
: ground on this point.

Phil originally wrote:

: : I previously posted on this and no one responded. I'd appreciate some guidance as I need to know what to do pretty soon.

: : I just won a rent reduction for reduced services (individual apartment) because of various things--wont bore you with the details. It is on appeal via PAR.

: : Just got a lease renewal. The amount in the lease is for the amount of the reduced rent! I thought they just had to put in the normal amount and I would continue to pay the reduced rent.

: : My question:
: : If I sign this lease, for the reduced amount, do I pay the reduced amount even if services are restored and the rent reduction ended?

: : This will make the difference between my signing a one or two-year lease, so some guidance on this would be very very greatfully appreciated.

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