Simple English definitions for legal terms
Read a random definition: seignory
Comparable accommodation: A rule that decides the highest rent that can be charged for rent-controlled homes. This rule compares the rent of similar homes in the same area to determine the maximum rent that can be charged.
Definition: Comparable accommodation is a standard used to determine the maximum allowable rent in rent-regulated housing. This standard is applied by reviewing the prevailing rent for substantially similar housing units in the same area.
Example: Let's say you live in a rent-regulated apartment in New York City. Your landlord wants to increase your rent, but you think the increase is too high. You can argue that the increase is not allowed under the comparable accommodation standard by showing that the rent for similar apartments in your area is lower than what your landlord is asking for.
Explanation: The example illustrates how the comparable accommodation standard is used to protect tenants from excessive rent increases. By comparing the rent for similar apartments in the same area, tenants can argue that their landlord's proposed rent increase is not reasonable and should be denied.