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Buy-Outs Are they legal?

Posted by Stacy Rosenstock on July 25, 2001 at 00:36:08:

I'm a rent stabilized tenant in New York and have been in housing court with my landlord for almost a year. Today the LL's attorney mentioned to the judge that's they've offered me a buy-out. I was surprised since I didn't think it was legal. If course he didn't mentioned my LL ofered to buy me out, on the installment plan, with payments to begin AFTER I move.


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