Rent Coach: What is "preferential" rent?

… Q I noticed that my lease shows the legal rent and preferential rent which is significantly lower than the legal … benefits the landlord chose to take advantage of eg the 421a or J51 programs  It is important to remember that the …

By Mike Akerly |January 16, 2014 - 12:51PM
Rent Coach: We want to move out early and find new tenants, but the landlord wants to sell instead of re-rent. Who's responsible?

… before the baby is born  We move December 20th but our lease does not expire until the end of February  The owner … and Decembers rent has been paid … When we informed the landlord of our intention at the beginning of November we … of the lease term the landlord could leave the apartment vacant and then sue the tenant for every month on the term …

By Mike Akerly |December 5, 2013 - 12:50PM
Rent Coach: We broke our lease, found new tenants and the landlord blew them off. Why are we still on the hook?

… $800 fee involved and that we would be responsible for the rent until a new tenant started paying it  We actually had … listed the apartment for $650 per month more than our current rent  They also advertised it as a two bedroom we had …

By Mike Akerly |November 22, 2013 - 1:01PM