buyout
… A rentstabilized apartment can be a blessing and a curse a refuge and a trap The guarantee of a lease renewal and belowmarket rent can make a landlord reluctant to make repairs and make …
… … A lot depends on whether youre on the lease according to Steven Wagner a real estate lawyer and … succession rights and buyouts … Certain close relatives of rentregulated tenants are entitled to take over the lease … 62 or older Wagner says hes not aware of a case where a rentregulated leaseholder took a buyout and a relative …
… and sometimes the ungodly amounts that are paid for some rent regulated tenants to give up their apartment Theyve … the buyout In a standard form cooperative proprietary lease explains Wagner there is a section dedicated to … and even the possibility that the building may fall under rent regulation if the coop or condo is dissolved You need …
… In some ways its a rentregulated tenants dream to get bought out of their lease by the landlord for lots of money But its also plenty … the buyout since it can open up the gates to marketrate rents and sales But theres a right way and a wrong way to …
… Dear Sam Im a renter in a building that converted to a coop years before I … in However the building is for all intents and purposes a rental as the sponsor just rents out all the apartments … rent increases rental conversions rent stabilization law lease buyouts and many other issues He is a partner at …
