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Stabilized apt vacancy: 2 amounts on lease, which can he charge?

Posted by Maggie on September 10, 2001 at 11:26:11:

The lease says the rent for the apartment is $915.00 a month, which is what the occupants pay, however, the "Legal Rent" says $1,086.00. The PREF box is checked off to explain the differential.

My question is: If those folks move out, can the LL charge the Legal Rent or does he have to use what he actually charged them and add on the vacancy allowance, etc. I ask because there may be a vacancy in the building soon and we may want to switch into it and are curious about what he can charge.


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