With its publication of the latest batch of rent-stabilized renewal forms and riders to the New York property management market, MDS Property Management Software has created, tested and released revised Division of Housing and Community Renewal (DHCR) forms in its most rapid time to date. This outcome creates a significant advantage for landlords and property managers, who can save time and avoid legal penalties by using the correct forms.
“The release of the newest DHCR forms so quickly truly demonstrates MDS’ exceptional agility and commitment to providing our customers with the best possible service. As a result, MDS customers can remain compliant with the latest regulations without having to manually prepare the forms themselves.”
– Adam Friedberg, CEO of MDS
Which DHCR Forms Have Been Updated?
The latest MDS product release incorporates several updated DHCR forms used to manage rent-stabilized tenants in New York, including the RTP-8 (3/23), RTP-8 ETPA (3/23), RA-LR1 (3/23) and RA-LR1 ETPA (3/23).
These forms were released by the DHCR in March 2023 and MDS wasted no time in ensuring that its customers had access to the latest versions. Our firm’s development team worked tirelessly to create the new forms, while our quality assurance team rigorously tested them to ensure they were error-free and met all DHCR requirements.
Whether you’re generating the forms for e-signatures or printing hard copies for complete renewal packages, you can be fully assured that you’re using the most up-to-date and accurate forms available.
The DHCR forms update is now available to all MDS customers and included as part of our standard package.
MDS offers a complete property management software solution including rent collection, accounts payable and maintenance management all built upon a rock-solid, time-tested accounting and financial reporting package, designed to help landlords and property managers keep track of their finances and make informed decisions. These services are designed to streamline property management tasks and help landlords and property managers save time and money.
If you’re a landlord or property manager in New York, rely on MDS Property Management Software to keep you compliant with the latest regulations and requirements, while also providing valuable financial insights on the New York market to help you make informed decisions.