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NYS DHCR Advisory Opinion #88-1

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NYS DHCR Advisory Opinion #88-1
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New York (state)
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Advisory Opinion 88-1
New York State
Division of Housing and Community Renewal
Office of Rent Administration

New York City Rent Stabilization Code

Advisory Opinion 88-1 (February 8, 1988)

This Advisory Opinion is Issued Pursuant to
Sections 2522.5(b)(1), 2523.5(a) and 2527.11
of the Rent Stabilization Code.

Pursuant to Section 2523.5(a) of the Rent Stabilization Code (“Code”), the New York State Division of
Housing and Community Renewal (“DHCR”) has promulgated a Renewal Lease Form (the “Form”), designated
as form number “RTP-8”. A copy of the Form is attached to this Advisory Opinion.

1. Owner’s Service of Form

Code Section 2523.5(a) requires every owner of a rent stabilized housing accommodation other than an
accommodation located in a hotel, to mail or personally deliver to the tenant named in the expiring lease, a dated
copy of the Renewal Lease Form notifying the tenant of the expiration of the current lease term. This Form
contains an offer to renew the lease at the legal regulated rent, including any adjustment authorized by the Rent
Guidelines Board. The Form must be furnished to the tenant not more than 150 and not less than 120 days prior
to the end of the tenant’s lease term.