Property Management
In New York, the 'New York City Department of Housing Preservation and Development' (HPD) is responsible for:
AIssuing real estate broker licenses
BEnforcing the New York City Housing Maintenance Code and overseeing affordable housing programs✓ Correct
CAdministering the rent stabilization system
DReviewing environmental impact statements for residential projects
Explanation
The NYC Department of Housing Preservation and Development (HPD) enforces the Housing Maintenance Code (requiring landlords to maintain safe and habitable conditions), registers rental buildings, finances affordable housing development and preservation, and oversees various housing programs. It is distinct from DHCR, which administers rent regulation.
Related New York Property Management Questions
- In New York, an eviction of a residential tenant requires:
- A 'percentage lease' used in New York City retail properties typically requires the tenant to pay:
- A New York City landlord seeking to evict a rent-stabilized tenant must have which of the following?
- In New York City, a building owner who performs major capital improvements (MCI) to a rent-stabilized building may apply for a rent increase. This increase is:
- Under New York's 'Housing Stability and Tenant Protection Act of 2019,' the Individual Apartment Improvement (IAI) rent increase system was changed by:
- Which of the following is a common component of a property management agreement?
- Under New York City's 'just cause' eviction protections for rent-stabilized tenants, which of the following is a valid ground for eviction?
- NYC's Good Cause Eviction law (if applicable) limits a landlord's ability to:
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