What is vacancy decontrol?
Ans. It is a provision of rent control and vacancy decontrol allows landlords to charge an increased rental amount, whenever a new tenant fills a vacancy by moving in. In actuality, vacancy decontrol is really an anti-rent-control provision, as within just a few years, new tenants in the same building could end up paying twice the rent, older tenants are paying. Vacancy decontrol, not only allows a landlord to collect more rent, it also undermines public support for rent control due to this unfair treatment. Landlords, should make themselves cognisant with all rules and regulations before drafting a lease, and must take all necessary precautions, such as, screening tenants and conducting background checks on prospective tenants, including ensuring all promises in the rental lease are adhered to, as their insurance for a litigation free landlord / tenant relationship. A simple click of the mouse and any landlord or property manager can visit www.e-renter.com for tenant screening and bac
