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  1. Click ‘Get Form’ to open the rtp 8 Renewal Lease Form in the editor.
  2. Begin by entering the date at the top of the form. This is crucial as it marks the official notice period for lease renewal.
  3. Fill in your name and address in the designated fields, ensuring accuracy for proper communication.
  4. In Part A, indicate whether you wish to renew your lease for one or two years by selecting the appropriate column and entering the new legal rent amount.
  5. Complete the security deposit section, detailing any additional charges such as air conditioning or appliances, if applicable.
  6. Review all entries carefully before signing. Ensure that you understand any adjustments related to SCRIE or DRIE programs if they apply to you.
  7. Once completed, save your document and return it via certified mail within 60 days to ensure compliance with regulations.

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Under the rent stabilization rules, your landlord must mail you a lease renewal 90 to 150 days prior to the expiration of your current lease. If you do not return the lease within 60 days, the landlord may refuse to renew your lease and could move to evict you after the lease expires.
If your apartment is indeed stabilized, your landlord is supposed to attach to your lease the Rent Stabilization \u201cLease Rider.\u201d The rider informs you of your rights and responsibilities as a rent stabilized tenant, and includes the prior rent for the apartment, as well as the reasons the rent was increased.
If the tenant does not accept the renewal offer within the prescribed time, the landlord may refuse to renew the lease and seek to evict the tenant through court proceedings. If the tenant accepts the renewal offer, the landlord has 30 days to return the fully executed lease to the tenant.
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People also ask

Your landlord can choose not to renew your lease if it's not your primary residence. One of the many advantages of living in a rent-stabilized apartment in New York City is an automatic lease renewal.
The extension this bill grants will provide HPD and the U.S. Census bureau additional time to thoroughly complete their analysis of the 2021 HVS. Int. No. 70 would extend the expiration of the City's Rent Stabilization Law from April 1, 2022 to July 1, 2022.
Landlords may refuse to renew a lease only under certain enumerated circumstances, such as when the tenant is not using the premises as a primary residence.
The average rent in Manhattan rose to $5,058 in June, up from $4,975 in May and $3,922 in June 2021, a Douglas Elliman report prepared by Miller Samuel Real Estate Appraisers & Consultants found. Median rental prices stood at $4,050 last month, up from $4,000 in May and $3,249 in June 2021.
Under the rent stabilization rules, your landlord must mail you a lease renewal 90 to 150 days prior to the expiration of your current lease. If you do not return the lease within 60 days, the landlord may refuse to renew your lease and could move to evict you after the lease expires.

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