Property Management
In New York City, a building owner who fails to register their rent-stabilized units with the DHCR may face:
AAutomatic loss of the building
BBeing barred from collecting rent increases until registered, and potential civil penalties✓ Correct
COnly a $100 fine
DNo consequence unless a tenant complains
Explanation
Landlords of rent-stabilized buildings must annually register their units with the DHCR. Failure to register can result in being prohibited from collecting rent increases until the registration is current, plus potential civil penalties.
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