Property Management
In New York, a landlord may legally refuse to renew a rent-stabilized lease for owner occupancy only if:
AThe owner wants to renovate the unit
BThe owner or a qualified family member intends to use the unit as their primary residence and proper notice is given✓ Correct
CThe unit has been vacant for one year
DThe tenant is more than 2 months behind on rent
Explanation
Under NYC Rent Stabilization, a landlord may recover possession of a rent-stabilized unit for owner's use if the owner or a qualified family member (spouse, child, parent, sibling, grandparent, or in-law) intends to use it as their primary residence, following strict notice requirements.
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