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Rent Stabilization Board Legal DepartmentMay 13, 2024 TO:INTERESTED PROPERTY OWNERSSUBJECT:INFORMATION PACKET AND FORMS FOR COMPLYING WITH THE ELLIS IMPLEMENTATION ORDINANCE REQUIREMENTSThis packet
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01
Identify the property you are interested in.
02
Gather necessary information about the property, such as location and owner details.
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Use the appropriate form or template for recording interested property owners.
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Clearly list the names and contact details of the interested property owners.
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Include any relevant notes or comments about each owner’s interest.
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Submit the completed form to the relevant authority or keep it for future reference.

Who needs interested property owners?

01
Real estate agents who want to connect clients with property owners.
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Investors looking for potential properties to buy or rent.
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Community organizations aiming to communicate with property owners about local initiatives.
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Interested property owners are individuals or entities who have a legal interest or stake in a specific piece of property. This can include current property owners, potential buyers, and others who may have rights or claims in relation to the property.
Those who are involved in certain real estate transactions, such as property developers, agents, or legal representatives, may be required to file interested property owners to disclose all parties with interests in the property.
To fill out interested property owners, you must provide accurate details of all individuals and entities with a legal interest in the property, their contact information, and a description of their interest in the property.
The purpose of reporting interested property owners is to ensure transparency in property transactions, protect the rights of all stakeholders, and facilitate communication among parties involved.
Information that must be reported includes the names and addresses of interested parties, the nature of their interest in the property, and any relevant legal documents supporting their claim or interest.
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