N.Y. Comp. Codes R. & Regs. Tit. 9 §§ 1626-1.5

Current through Register Vol. 46, No. 45, November 2, 2024

Section 1626-1.5 - Collection of rents

(a) The authority is entitled to rent from date of acquisition. This includes former owners as well as regular tenants. Rents tendered covering any period prior to date of acquisition shall not be accepted.

(b) If tenant has paid rent to former owner for period beyond date of acquisition, authority's counsel should be advised of amount so that claim for amount can be made on former owner and deducted from purchase payment. However no action should be taken without verification through rent receipt or cancelled check.

(c) Rents are to be paid on the first of each month. Legal steps for eviction should be scheduled so that eviction, if necessary, can take place in the same month in which tenant became delinquent. Dilligent efforts will be made to collect from any site or offsite tenant who vacates owing rent or other charges. Judgments and garnishees will be sought where indicated.

(d) No security deposits are required from residential tenants occupying site and offsite apartments, but the authority may require such deposit in case of a commercial tenant.

(e) Site and offsite tenants eligible for admission to project must pay all arrears of rent or other charges before they are admitted to project.

N.Y. Comp. Codes R. & Regs. Tit. 9 §§ 1626-1.5