Posted by Cathy R on December 10, 1998 at 16:26:20:
I have a rent stabilized studio where the 2 year lease was up last month.
I was verbally told of the allowable increases for a one and two year term.
I opted to renew for two years and my first "new rent" check has been cashed by the landlord.
I still haven't received any paperwork and have not signed a renewal lease.
Should I insist on a renewal lease or is my landlord making a big mistake by not
sending the paperwork my way (one that I could possibly benefit from in the future)?
What should I do, keep my mouth shut or get the renewal lease?
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