A08898

Requires an annual inspection and audit process for five percent of individual apartment improvement notifications for rent stabilized apartments.

Establishes an annual inspection and audit process for five percent of individual apartment improvement notifications for rent stabilized apartments outside of the city of New York. The 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.