NYC Housing Court Glossary
Preferential Rent Freeze
Plain EnglishYour below-market rent stays as your base forever
Legal Definition
Under HSTPA 2019, if you pay a preferential rent, your landlord cannot raise your rent to the higher legal regulated rent at renewal. Your preferential rent is now frozen as your base rent.
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Practical Tip
This is one of the strongest protections from HSTPA 2019. Know your rights.
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