Ra 89 2025

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  1. Click ‘Get Form’ to open the ra 89 in the editor.
  2. Begin by entering the Building ID Number at the top of the form. This is essential for identifying your property.
  3. In section 7a, fill in the tenant's name who was in occupancy on April 1, 2003. Ensure you include their last name, first name, and middle initial if applicable.
  4. If applicable, indicate any temporary exemptions in section 7b by checking the relevant box and providing details.
  5. Complete sections regarding rent details: enter both Legal Regulated Rent and Actual Rent Paid on April 1, 2003, ensuring accuracy for compliance.
  6. In section 9a, specify if a lease was in effect on April 1, 2003, including start dates and any changes since the last registration.
  7. Finally, provide your contact information as either Owner or Managing Agent at the bottom of the form to finalize your submission.

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The standard for reasonable rent increases is based on the rate of inflation in the New York area. This local rent standard is set once per year. The current standard is 8.79%. Increases of more than 8.79% could be found to be unreasonable in housing court.
There are a couple of situations in which a rent stabilized apartment may be subject to deregulation upon vacancy: Apartments under rent stabilization because the owner receives J-51 or 421-a tax benefits may become deregulated upon vacancy (or sooner if the owner follows the appropriate notice requirements).
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