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18% and 20% Vacancy Increases

Posted by Mark Smith on November 11, 1998 at 03:32:59:

In Reply to: Thank you for the info.....Now.... posted by on November 10, 1998 at 10:20:01:

: Where does this 18% or 20% vacancy increase that people have been talking about come from?

The 18% increase for a one-year vacancy lease and the 20% increase for a two-year vacancy lease come from Sections 19 and 20 of the Rent Regulation Reform Act of 1997.

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