I wish to learn about the law which I have read lately in the NYT
about, that in rent controled or rent stebelized buildings, if the
owner wants to use it in good faith for personal use he may avecuate
the tennant, please confirm with me this and write me basic concerns I
have to understand if purchasing a house with this in common. also
will I be able to sell it further?
I see the infortion also on this page,
http://66.102.11.104/search?q=cache:8iqT5dIgXtkJ:www.dhcr.state.ny.us/ora/pubs/pdf/oraao872.pdf+ny+rent+control+law+%22personal+use%22&hl=en&ie=UTF-8
But I wish to hear about actual
expirience that people had while excuting this law, and why dont we
hear this on a daily basis, what are the limitations.
thanks |
Clarification of Question by
shatzmatz-ga
on
07 Jan 2004 14:16 PST
I would appriciate an answer asap, but please dont diminish the value
of your research to your rush..
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Clarification of Question by
shatzmatz-ga
on
07 Jan 2004 14:19 PST
while on it you may also share with me this piece of information, I
wish to learn, how much does the bank consider the rent income of a
house when taking in an appraisil on value as far as looking on how to
lend?
complete information on this deserves alot, but this is what I can
afford. whoever answers the last question also will receive a 5.00 tip
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Clarification of Question by
shatzmatz-ga
on
07 Jan 2004 14:24 PST
for the last line, how will it be in a situation say that you vacant
your building, but its still under the rent control limits if you wish
to rent it out, is a bank considering all this in its loan? I am sure
they do, but how much so/?
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Clarification of Question by
shatzmatz-ga
on
13 Jan 2004 11:55 PST
I opted for a higher amount, why is it that I get no response?
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Request for Question Clarification by
pinkfreud-ga
on
13 Jan 2004 12:06 PST
Regarding the lack of response...
You have asked at least six questions.
1) if the owner wants to use it in good faith for personal use he may
avecuate the tennant, please confirm with me this and write me basic
concerns
2) also will I be able to sell it further?
3) I wish to hear about actual expirience that people had while excuting this law
4) why dont we hear this on a daily basis
5) what are the limitations
6) I wish to learn, how much does the bank consider the rent income of
a house when taking in an appraisil on value as far as looking on how
to lend?
You might want to consider splitting this into six separate questions,
and posting each of them at an appropriate price. As it stands, your
question will not be answerable unless a Researcher can provide
information on all six parts of it. Also, be aware that few (if any)
Researchers will have had "actual experience" involving rent
stabilization laws in New York City.
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Clarification of Question by
shatzmatz-ga
on
13 Jan 2004 14:00 PST
thanks freud..
The way I see it, I asked 3 questions, one is what is the law with
rent contorl units as far as taking them over in good faith,
everything involving. which will usualy end up with artical that will
mention all of it in one. I mean, the fact that this is the law I
know, I just need to know what in involves.
2. was expirience of other people dealing in this matter.
3. how much the bank considers it.
Drop no. 3 answer no. 1 and try to add to it an expirience or two from
other people, perhaps in the court system history-like find law you
can dig them or from some web artical.
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