Sentence examples for vacancy allowance from inspiring English sources

In re-rentals, there is usually no vacancy allowance.

They have used this as an opportunity to declare the apartment vacant and apply an 18 percent "vacancy allowance" to the rent.

In most cases, he said, the current vacancy allowance is 20percentt for a two-year lease and 18percentt for a one-year lease.

In addition, he said, if the landlord has not collected a vacancy allowance for more than eight years, he is entitled to a "bonus" increase of six-tenths of 1percentt for however many years a vacancy allowance had not been collected.

Mr. McKee explained that under the former regulations, when a rent-stabilized apartment became vacant, a landlord could obtain a 20percentt "vacancy allowance" if the new tenant signed a two-year lease or an 18percentt vacancy allowance if the tenant signed a one-year lease.

For example, if the prior legal rent for an apartment was less than $300 a month, the landlord is entitled to an additional vacancy allowance of $100 a month.

Some of the more contentious changes -- on base rents, vacancy allowances and roommates -- are examined in this column, and other provisions will be discussed next week.

Mr. Belkin argued that the potential increase in the number of vacancy allowances a landlord can obtain had also been addressed by the Legislature.

Another amendment that disturbs tenant advocates is one that permits landlords to collect multiple vacancy allowances during a single "guidelines period.

As part of the legislative settlement in reconciling the two bills, the issue of vacancy allowances was dropped and the board was left to interpret what to consider as non-rental income.

The 15percentt increase, combined with vacancy allowances, regular guideline increases, J-51 tax abatement and the efficiencies that can be obtained in building improvements, previously made it possible for well-capitalized developers to upgrade occupied but deteriorated properties and keep them as rentals.