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Free rent may also be known as rent abatement, a specific use of a term that may also be used more generically. Inducements can also be provided in the form of compensation for tenant improvements, which takes the form of either direct payments that the tenant can use to improve the rental unit, or similar renovations carried out by the landlord.
On March 30, 1965, the Tulare County Authority announced a scheduled rent increase up to a 47% to go in effect in June, precipitating the rent strike. [ 7 ] [ 1 ] [ 10 ] [ 3 ] The rent for he first cabin would've increased to $25 [ e ] for the first cabin and $10 [ f ] for each additional cabin.
[43] [46] Under rent regulation laws, landlords are allowed to increase the rent of a rent-regulated apartment if they make significant improvements or renovations to the unit (1/40th of renovation costs can be added to the rent price). The cost of these improvements can be passed on to tenants in the form of higher rent. When the rent exceeds ...
Critics claim that the new 421-a program will cost city taxpayers even more than the old plan. The IBO found that the new 421-a plan would cost add $120 million per year, or $1.2 billion over ten years, to the overall cost of the program. This is compared to the old program that would have cost $7.2 billion over ten years.
The HPD ruled in 1981 that Seril had harassed tenants and had failed to make necessary repairs. [50] Seril sued the rent-striking tenants in March 1983, claiming that they owed $7.5 million ($22.9 million in 2023); [49] she sought at least $9 million in damages. [96] [100] Tenants claimed that they had been withholding rent to pay for repairs ...
Nuisance abatement is a growing area within policing and code enforcement. The term refers to using building codes, fire codes, zoning, etc. in order to improve the quality of life and resolve life safety issues within neighborhoods. Nuisance abatement programs are most often a component of problem oriented or community policing programs.
Baumol noted that the increase in costs "disproportionally affects the poor". [4] Although a person's income may increase over time, and the affordability of manufactured goods may increase too, the price increases in industries subject to the Baumol effect can be larger than the increase in many workers' wages (see chart above, note average ...
Chancel repair liability is a legal obligation on a small number of property owners in ... leaving the Wallbanks with a £350,000 bill including legal costs. ...
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