Tuesday, February 15, 2011

Hot of the press... The proposed Rent Control Ordinance




Well here you have it... Landlords and Tenants you want to look at this one.

The proposed rent control ordinance is up for introduction at this week's City Council meeting.

The big change???  Landlords will have to supply a disclosure to Tenants stating what the legal rent is.  The disclosure to be provided by the Rent Control Board.

Tenants have a limitation of 2 years from the date of the disclosure to make a claim of overpayment.

Landlords can use past leases and statements as proof of vacancies to substantiate vacancy decontrol increases.

Here it is for you to read for yourselves.




Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832


donnaantonucci@gmail.com

http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/
http://www.donnaantonucci.com/








Proposed Rent Control Ordinance 2_11                                                            


Information Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832


donnaantonucci@gmail.com

http://www.hobokenrealestatemonitor.com/
http://www.hobokenrealestatevalue.com/

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