Rent Laws & Lease Renewal
|Description||1-Year Term||2-Year Term|
|Lease between October 1, 2019 and September 30, 2020||1.75%||2.75%|
|Lease between October 1, 2020 and September 30, 2021||0%||0%|
No discussion was held by the board related to Guideline increases where the Owner does not provide heat or hot water. We will update you on any developments regarding this situation.
The AOAC is composed of apartment building owners, managers and allied businesses. The groups join together to protect their rights and the earning power of their properties. The association monitors realty issues on a local, state and national level.
Running co-ops and condos is a complicated and multi-faceted job. The purpose of the CCAC is to broaden and sharpen the knowledge of board members to meet this challenge. The CCAC helps its members with a variety of educational, information, lobbying and referral services.
ACMA is proud to emphasize its code, the efforts associated with it and the members of the association who strive to provide clients with the highest level of professional service. The council provides a number of membership services to help managers run their properties more efficiently.