Word: landlordly
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...Landlords have always been permitted to petition for additional rent increases where documented increases in costs or capital improvement necessitated additional income to maintain a fair net operating income. No landlord can legally be denied a fair income, regardless of a tenant's ability...
Enter Frank (Chris Haywood), the gruff voice of experience. Fresh out of prison, he is anxious to concoct a new get-rich-quick scheme. Malcolm needs a broader. Frank needs an innocent, unsuspecting landlord. A match made in heaven...
...adopt rent control in 1970, when inflation and rising property values led tenants' groups to lobby for the policy. The City Rent Control Board sets rents for 17,000 Cambridge housing units, using a formula that accounts for operating expenses and what it considers a reasonable profit for the landlord...
...Procedures to be followed for conversions made prior to decontrol: Prior to or contemporaneous with the notices to tenants required pursuant to chapter 185, the notices to tenants required pursuant to section 10 of this Act shall be sent. Upon notification to the landlord of those tenants who desire to purchase their units, the landlord shall designate among the remaining units those which are to be dedicated; provided, however, that the owner shall dedicate 60 percent of the units which are not purchased by the tenants or 30 percent of the total number of units in the structure, whichever...
...right of first refusal running to the City so that they may be purchased at a price equal to 10 times the adjusted gross rent. Adjusted gross rent shall mean the rent-controlled rent minus the sum allowed for heat, hot water and other unit utilities provided by the landlord, if any. The money to make such purchases shall come from the City of Cambridge Fund as well as public and private sources. Nothing herein shall prevent the City of Cambridge from selling, on a limited-equity basis, dedicated units to qualified persons...