New York S06464 amends the Emergency Tenant Protection Act of 1974 to change how legal regulated base date rent is determined in cases of fraud.

New York S06464 amends the Emergency Tenant Protection Act of 1974 to change how legal regulated base date rent is determined in cases of fraud. Specifically, the bill allows for the use of either the survey sampling method or the default method to determine the base date rent at the four-year lookback if fraud is present. This change aims to provide more accurate and fair rent assessments in situations where fraudulent activities are suspected.

New York S06464 amends the Emergency Tenant Protection Act of 1974 to change how legal regulated base date rent is determined in cases of fraud.

New York S06464 amends the Emergency Tenant Protection Act of 1974 to change how legal regulated base date rent is determined in cases of fraud. Specifically, the bill allows for the use of either the survey sampling method or the default method to determine the base date rent at the four-year lookback if fraud is present. This change aims to provide more accurate and fair rent assessments in situations where fraudulent activities are suspected.