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TENANT BUYOUT DISCLOSURE Noticer Rent Stabilized Apartments are receiving this notice because your landlord is offering monetary compensation for you to voluntarily vacate your rental unit. Your apartment
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How to fill out tenant buyout disclosure notice

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How to fill out tenant buyout disclosure notice

01
Step 1: Obtain a copy of the tenant buyout disclosure notice form.
02
Step 2: Fill in the date of the notice.
03
Step 3: Enter the name of the tenant(s) who will be receiving the notice.
04
Step 4: Provide the property address where the tenant resides.
05
Step 5: Include the name and contact information of the landlord or landlord's agent.
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Step 6: Check the appropriate box to indicate whether the tenant has been offered a buyout agreement.
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Step 7: If a buyout agreement has been offered, provide the date of the offer and the amount offered.
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Step 8: Sign and date the notice.
09
Step 9: Make copies of the filled-out notice for yourself and the tenant(s).
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Step 10: Deliver the notice to the tenant(s) in person or by mail, ensuring proof of delivery.
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Step 11: Retain a copy of the notice for your records.

Who needs tenant buyout disclosure notice?

01
Landlords or their agents who are offering a buyout to a tenant.
02
Tenants who have been offered a buyout agreement.
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Tenant buyout disclosure notice is a document that must be given to tenants when a landlord offers them money or other incentives to voluntarily move out of a rent-controlled unit.
Landlords are required to file tenant buyout disclosure notice.
Tenant buyout disclosure notice should include details of the buyout offer, reasons for the buyout, and other required information.
The purpose of tenant buyout disclosure notice is to inform tenants of the terms of a buyout offer and their rights under the law.
Tenant buyout disclosure notice must include the amount of the buyout offer, reasons for the buyout, and other terms of the agreement.
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