Get Owner's Application For Rent Increase Based On Major Capital ... - Nysdhcr

Filling out the Owner's Application for Rent Increase Based on Major Capital Improvements can seem daunting, but this guide simplifies the process. With clear instructions, you will be well-equipped to complete the form successfully and efficiently.

Follow the steps to complete your application accurately.

1. Click ‘Get Form’ button to obtain the application form and open it in the editor for further completion.
2. Begin by filling in the owner or agent section. Include your name, mailing address, city, phone number, and any relevant registration numbers, ensuring all information is accurate.
3. Complete the request for increase section. Indicate the amount you are requesting for rent increase per room, and check the relevant boxes for government loans or tax abatements, attaching all necessary documentation.
4. Move on to the affirmation of owner. Confirm you are submitting two identical applications and will make the package available for tenant review, including additional documentation that may be required.
5. Fill out the section regarding claimed MCI costs. Provide details such as the age of replaced items, claimed costs, and any deductions applicable to ensure accurate rent increase calculations.
6. Enter data for the computation of requested rent increase, including the total number of rooms and the calculation of rent increase per room per month.
7. If there are multiple major capital improvements, use the appropriate supplements to provide detailed information about each improvement, costs, and any affirmations from contractors or vendors.
8. Complete any necessary supplementary forms for tenant information and commercial tenant allocations if applicable. Ensure to identify each status correctly.
9. Review all completed fields and sections for accuracy, ensuring that all required signatures and dates are provided before finalizing the form.
10. Once completed, save the form, download it, and print it if necessary for submission or sharing.

Start filling out the Owner's Application for Rent Increase online today to ensure a smooth process.