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?
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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