How to Handle Rent-Stabilized Tenants Who Ignore Renewal Offers

October 24, 2011
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When a nonregulated tenant's lease expires, an owner is under no legal obligation to renew it, unless the lease itself gives the tenant a renewal option. The situation is very different though for rent-stabilized tenants. Generally, as long as the rent is paid, you must offer renewal leases to rent-stabilized tenants.

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