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Also known as reconciliations, true-ups, pre-bills, or billbacks, CAM Recoveries are the annual reconciliation of the actual Common Area Maintenance Charges for a fiscal year versus the monthly charges billed to the tenant. The monthly CAM charges a tenant pays as a part of the rent are actually estimates of that tenant's monthly, pro-rated CAM ...
The hefty one-time payments, known as broker fees, are ubiquitous in New York but nearly unheard of anywhere else. In most other cities, landlords cover the commission of agents working on their ...
People gather outside of City Hall for a rally in support of the FARE Act ahead of a City Council meeting, Wednesday, Nov. 13, 2024, in New York.
A 1971 law took away New York City's ability to regulate rents and gave the power to the state government. ... $2,000 per month. The decontrol rent was set at $2,000 ...
Attorney's fee is a chiefly United States term for compensation for legal services performed by an attorney (lawyer or law firm) for a client, in or out of court. Fees may be an hourly, flat-rate or contingent fee.
The final decision will be made by the city’s Rent Guidelines Board on Tuesday night and set the threshold on how far landlords can go in demanding more cash from tenants.
The Magnuson–Moss Warranty Act is one such federal law. [5] 28 U.S.C. § 1927 authorizes federal courts to award attorneys' fees and expenses against any attorney who unreasonably and vexatiously multiplies a proceeding. Federal courts also possess inherent authority to assess attorney’s fees and litigation costs against a plaintiff who has ...
This 33-year-old engineer pays $2,100/month to live with 23 roommates in NYC — 5 ways to bring your costs down without having to live like a college student Victoria Vesovski October 22, 2024 at ...