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What is Form W 147Q used for?

What Is NYC Form W-147Q? The w 147q form is also known as the verification of the secondary tenants residence and housing costs. This is a document that must be provided by the tenant to confirm that other tenants share the residence in New York City with this person.

What is a security deposit voucher NYC?

This security voucher guarantees that the Human Resources Administration (HRA) will pay up to the equivalent of one months rent if it is verified that the tenant who occupied the apartment failed to pay his/her rent and/or caused damage to it.

How long does a NYC housing voucher last?

How long is an HCV move voucher valid? A move voucher is valid for 120 days (approximately four months). You must find a new apartment and return a completed Landlord Package by the end of the 120 day period. Once your voucher expires, you will not be eligible for a move voucher for another 12 months.

What is a primary tenant?

A primary tenant is a tenant who has a direct relationship with the landlord while the other subtenants do not. Primary tenants are often referred to as master tenants. This might be someone who has moved out and brought in a new tenant under a Sublease Agreement, but remains legally responsible for the lease.

How do I get my full security deposit back in NYC?

Deposits are refundable and tenants can get their money back after the lease is over if the apartment is left in good condition. A landlord must return a tenants security depository within 14 days after they have completely moved out of the apartment with their keys returned.

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What is the security deposit rule in NYC?

The amount of a security deposit for rent regulated apartments can be no more than one months rent. The security deposit must be kept by the owner in an interest bearing account in a NYS bank. For further details, see HCR Fact Sheet #9: Renting an Apartment Security Deposits and Other Charges.

Do you get your security deposit back in NYC?

For tenants in units that are not rent stabilized or rent controlled, the landlord must return the security deposit within 14 days of the tenant moving out. If the landlord takes any money out of the security deposit for damages, they must provide an itemized receipt describing the damage and its cost.

What is the HRA broker fee in NYC?

A unit hold incentive equal to one months rent is available to ensure that landlords get paid for the time it takes to move in the tenant theyve selected. A brokers fee equal to 15% of the annual rent.

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