New York A08898 mandates an annual inspection and audit process for five percent of individual apartment improvement notifications for rent.

New York A08898 amends the emergency tenant protection act of 1974 and the emergency housing rent control law. It requires the establishment of an annual inspection and audit process for five percent of individual apartment improvement notifications for rent stabilized apartments outside New York City. This process includes individual inspections and document review to ensure compliance with legal obligations. If an audit finds that the recoverable costs claimed by the landlord cannot be substantiated, the resulting overcharge is considered willful.

New York A08898 mandates an annual inspection and audit process for five percent of individual apartment improvement notifications for rent.

New York A08898 amends the emergency tenant protection act of 1974 and the emergency housing rent control law. It requires the establishment of an annual inspection and audit process for five percent of individual apartment improvement notifications for rent stabilized apartments outside New York City. This process includes individual inspections and document review to ensure compliance with legal obligations. If an audit finds that the recoverable costs claimed by the landlord cannot be substantiated, the resulting overcharge is considered willful.