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The landlord cannot charge a Section 8 tenant more than a reasonable rent and cannot accept payments outside the contract. [18] Landlords, although required to meet fair housing laws, are not required to participate in the Section 8 program. As a result, some landlords will not accept a Section 8 tenant. This can be attributed to such factors as:
The landlord had applied for deregulation in a timely manner, but the DHCR's slow processing resulted in a three-year delay before dismissal, leaving the case unresolved. [4] Additionally, tenants seeking reimbursement for rent overcharges, a right enhanced by the 2019 legislative reforms, face substantial delays as well.
Lease-by-room, also known as individual leasing, is an arrangement whereby a tenant and their roommates pay rent for their own rooms instead of each tenant being equally liable for the rent for the whole apartment. Typically lease-by-room leases are multi-room apartments or townhomes with shared bathrooms and living rooms.
The federal eviction moratorium has allowed struggling renters swamped by the fallout from COVID-19 to remain in their homes, but left landlords mostly on the hook for unpaid rent.
[3] [4] They created the company after having negative experiences as both renters and landlords. [5] In November 2013, the company's first round of funding raised $23 million, with the lead investor being Matrix Partners. [6] Another round of funding raised $50 million with Passport Capital in November 2017. [7]
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