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What is NYC RCNY § 13-05?

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The length of a stay shall be set by the Department and shall be for a period or periods of time that will provide the new owner with a reasonable time to achieve correction of each violation which is the subject of the application for a stay. In any case, the length of such stay or stays shall be no less than the time

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§ 13-05 Length of Stay.

RCNY § 13-05

The length of a stay shall be set by the Department and shall be for a period or periods of time that will provide the new owner with a reasonable time to achieve correction of each violation which is the subject of the application for a stay. In any case, the length of such stay or stays shall be no less than the time allowed by classification pursuant to § 27-2115(a) of the Housing Maintenance Code, said time running from the date of the new owner's application for a stay. In determining the appropriate length of time for a stay, the Department may consider: (a) The time required for correction; (b) The nature, classification, and estimated cost of repair of outstanding violations, as well as the length of time such violations have remained uncorrected; (c) The proposed course of action which the new owner will undertake to achieve correction; (d) Any actions the new owner might have already taken to correct violations prior to the application for a stay; and (e) The financial ability of the new owner to achieve correction of violations.

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