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Legal Regulated Rent

HCR guidance describes the legal rent as the regulated rent level DHCR may establish in overcharge proceedings, and AG guidance states landlords may not charge more than the legal regulated rent in regulated communities. Legal regulated rent is a compliance ceiling used in overcharge analysis and renewal calculations.

Where it applies
General / NYS / NYC
When it comes up
Rent setting; renewals; compliance audits
Property types
Rent stabilized and rent controlled units

Read more in the Knowledge Base

Related terms

Preferential RentRent Guidelines BoardRent HistoryRent Stabilization