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Posted by TenantNet on July 29, 1996 at 10:25:37:

In Reply to: rent stab. increases posted by Mary on July 29, 1996 at 02:53:16:

: Could someone tell me what the increases are for a two year rent
stab. lease? Did the rent guidelines board just set 4% for one year
and 7% for two years? Also, when do the increases take effect?
Would they be implemented if my lease expired next week or not until 1997?
: Thanks.
: Mary

The RGB votes in June to set the rates for all leases (either renewal or
vacancy) commencing the following October 1 - September 30. So the
rates for next year cover the period 10/1/96 to 9/30/97. See the RGB
orders on the RGB page accesssible from our main web page.

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Comments:
: : Could someone tell me what the increases are for a two year rent 
: stab. lease?  Did the rent guidelines board just set 4% for one year 
: and 7% for two years?  Also, when do the increases take effect?  
: Would they be implemented if my lease expired next week or not until 1997?  
: : Thanks.
: : Mary

: The RGB votes in June to set the rates for all leases (either renewal or
: vacancy) commencing the following October 1 - September 30. So the
: rates for next year cover the period 10/1/96 to 9/30/97. See the RGB
: orders on the RGB page accesssible from our main web page.


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