New Renewal Lease Form from DHCR (7/2022) & Electronic Signatures

Michael Littman, Partner

The New York State Division of Housing and Community Renewal (“DHCR”) has issued a new Renewal Lease form (Form RTP-8 (7/22)) pursuant to RGB Order #53.

New Renewal Lease Form from DHCR

This Rent Stabilized Renewal Lease form should be used for Renewal Leases commencing on or after October 1, 2022.

Please CLICK HERE to view the form.

  • Rent Stabilized Apartment Guidelines
    • For a one-year lease commencing on or after October 1, 2022 and on or before September 30, 2023:
      • 3.25%
    • For a two-year lease commencing on or after October 1, 2022 and on or before September 30, 2023:
      • 5.0%

Electronic Lease Offering and
Tenant’s Voluntary Consent

On March 25, 2022, DHCR issued Operational Bulletin 2022-1, providing instructions to allow tenants to voluntarily consent to accept electronic lease offerings.

  • Owners are not required to offer leases electronically.
  • Owners who choose to offer an electronic lease must obtain the tenant’s voluntary written consent on DHCR’s form HERE
  • Owners cannot require a tenant to sign the consent form.
  • Each tenant named on the lease (except for spouses or domestic partners) must consent.

CLICK HERE for more information and to view DHCR’s Operational Bulletin 2022-1

 
This entry was posted in News & Announcements. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Both comments and trackbacks are currently closed.