Word: decontrolling
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Upon notification to the owner by the Board of the names and addresses of low-and moderate-income and elderly tenants, the owner shall thereafter prepare a list on which a portion of the units are designated for qualified tenants, designating which units are designated to be decontrolled and designating which units he proposes to dedicate as low-and moderate income and elderly housing for qualified tenants...Unless otherwise provided herein, units not designated as dedicated units shall be subject to vacancy decontrol subject to this...
...Nothing in this Act shall prevent the Board, in individual cases and for good cause shown by the owner, from providing compliance alternatives to decontrol the owner's property. Examples of such good cause include but are not limited to the following...
...contains rent-controlled units must be registered pursuant to section 10 of this act; provided, however, that any condominium unit which is currently legally owner-occupied shall not be subject to the fee requirement of subparagraph A(ii)3 of section 10 unless or until the owner desires to decontrol the property. All units subject to Ordinance 966 prior to this Act shall be decontrolled before the owner may occupy the unit...
...Procedures to be followed for conversions made prior to decontrol: Prior to or contemporaneous with the notices to tenants required pursuant to chapter 185, the notices to tenants required pursuant to section 10 of this Act shall be sent. Upon notification to the landlord of those tenants who desire to purchase their units, the landlord shall designate among the remaining units those which are to be dedicated; provided, however, that the owner shall dedicate 60 percent of the units which are not purchased by the tenants or 30 percent of the total number of units in the structure, whichever...
...Procedures to be followed for conversions made subsequent to decontrol...