The Good Cause Eviction law protects tenants in New York City by capping rent increases at 5 percent plus inflation, which is determined annually. If a landlord attempts a rent hike beyond this limit, tenants should remind them of their protections. While some properties may be exempt from this law, landlords must disclose this status during lease agreements. Courts eventually determine the legality of rent increases, emphasizing the importance of tenant awareness and action to prevent unjust charges.
The Good Cause Eviction law limits rent increases in New York City to no more than 5 percent plus the local rate of inflation, making tenant knowledge crucial.
Landlords can only exceed allowable rent increases if they provide documentation of significant repairs or financial obligations and must disclose their exemption status at key lease points.
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