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Re: re:11/03 - I CAN get my friend's apartment! - but....

Posted by wa on December 02, 1999 at 09:08:27:

In Reply to: re:11/03 - I CAN get my friend's apartment! - but.... posted by WA on December 02, 1999 at 08:37:21:

: My friend's father has agreed to remain as the guarantor of her lease while
: I sublet off her. Here's some positive news in this section for a change!

: My query is, is my landlord allowed to increase my rent given we're asking for
: permission to sublet? I understand he can't refuse me, but can he jack the rent
: up? - and by what kind of %?

Clarification: When I mentioned the LL 'jacking up' the rent, I'm referring to
my friend's Renewal Lease Form - what appears to be a standard State of NY form
for "Rent Stabilization Lease Rider for Apartment House Tenants Residing in NYC"

Section 9 of this document; 'Subletting & Assignment', states that "If a tenant in
occupancy under a renewal lease sublets his/her apartment, the owner may charge
the tenant, as a sublet allowance, the rent the owner could have charged had the
renewal lease been a vacancy lease. This charge may be passed on to the subtenant."
It goes on to state how when my friend returns to her apartment and the sublease
is terminated, the Legal Regulated Rent reverts to pre-sublet vacancy allowance
rent. My question is, is this true? and what percentage are we talking about?


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