I read on this form that "For a new lease commencing on [October 1st], LLs will usually wait until the RGB votes so as to know the new percentage increases to put on the lease."
For such a rent stabilized lease renewal commencing 1 October 2016, I'm showing the 0 % for 1 year and 2% for 2 years rates. Is the typical thing to do to sign and return the renewal lease showing the rates at present? I believe my history has been that I get the executed copy of the lease returned (with the obsolete amounts), and I am charged the new rate beginning 1 October corresponding to whatever it is for the either one or two year lease.
Not ideal. I guess the LL is supposed to check box C as well indicating an unknown guideline amount.