New York S00228 requires manufactured home park owners to provide a written justification for rent increases over three percent.
New York S00228 amends the real property law to mandate that manufactured home park owners must provide a written justification for any rent increase exceeding three percent of the current rent. The bill also stipulates that any cost increases used to justify such a rent hike must demonstrate necessity for ordinary maintenance or repair to meet warranty of habitability obligations. This measure aims to ensure transparency and accountability in rent adjustments for residents of manufactured home parks.
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