Effective 2026, the Rent Transparency Act requires landlords of rent-stabilized units to display information signs and provide annual rent filing details to tenants. Introduced by Council Member Sandy Nurse, the act aims to protect tenants from illegal rent hikes and improve awareness of their rights. Landlords must issue notifications in both English and Spanish, guiding tenants on accessing their unit's rent history. Nurse's personal experience of being misinformed about her rent-stabilized apartment underscores the necessity of this new regulation, which seeks to empower tenants by ensuring they know their rental status and options.
Landlords must now post signs in buildings with rent-stabilized units to inform tenants about their rights and rental history details, empowering them against illegal rent hikes.
The Rent Transparency Act aims to educate tenants about the status of their units, requiring landlords to provide annual filings to ensure awareness and prevent illegal rent practices.
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