DHCR Compliance refers to the regulatory obligations required by the New York State Division of Housing and Community Renewal to properly operate rent-stabilized and rent-controlled housing. Property owners and managers must ensure accurate legal rents, timely annual registrations, and comprehensive documentation of improvements and tenant status. Failure to comply can result in penalties, tenant overcharge claims, and long-term legal issues. Metropolitan Realty Exemptions provides full support to simplify this complex compliance process and protect building portfolios.
The goal of DHCR Compliance is to ensure every regulated unit has a correct and legal rent history while maintaining full transparency with tenants and state regulators. Proper compliance helps safeguard owners from exposure during audits, tenant complaints, and DHCR investigations.
Owners must file annual registration forms listing each unit’s legal rent, occupancy, status, and any regulatory changes. This maintains a continuous and accurate rent history recognized by the state.
Every rent increase must be lawful and supported by documentation. Accurate calculations aligned with Rent Stabilization Code rules protect owners from overcharge liabilities.
Owners filing Individual Apartment Improvements (IAIs) or Major Capital Improvements (MCIs) must retain proper invoices, contracts, payments, and photographic evidence to justify approved rent increases.
A detailed audit of rent history identifies errors before they lead to tenant complaints, loss of rent increases, or DHCR enforcement actions.
DHCR Compliance is required for:
Maintaining DHCR compliance is essential for protecting owners from financial penalties and for preserving eligible rent increases. Metropolitan Realty Exemptions safeguards your building by ensuring registration accuracy, lawful rent calculations, and complete documentation. With expert guidance and hands-on support, we help owners avoid costly disruptions while securing the long-term performance of their properties.
Ready to Stay Fully Compliant?
Don’t take chances with your rent history. Contact Metropolitan Realty Exemptions today to keep your property protected and compliant year-round.