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FACT SHEET A PUBLICATION OF NEW YORK STATE DIVISION OF HOUSING AND COMMUNITY RENEWAL OFFICE OF RENT ADMINISTRATION George E. Atari, Governor Joseph H. Holland, Commissioner×12 Rent Increases for
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12 rent increases are for adjusting the rent amount for a rental property.
Landlords or property managers are required to file 12 rent increases.
To fill out 12 rent increases, landlords need to document the amount of increase, date of increase, and provide notice to tenants.
The purpose of 12 rent increases is to adjust the rent to keep up with market rates or cover increased costs.
On 12 rent increases, landlords must report the new rent amount, effective date, reason for increase, and provide notice to tenants.
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