Quimbee logo
DMCA.com Protection Status

Rent Control or Rent Stabilization

Rent Control or Rent Stabilization

Definition

Two different methods by which a municipality attempts to ensure a supply of affordable housing. Rent control, the less common method, fixes rent until the occurrence of a specific event (for example, a change in an apartment's tenant), at which point the landlord may increase the rent. Rent stabilization, the more common method, permits the landlord to increase rent periodically, up to a certain percentage of an apartment's base rent.

Get full access FREE

With a 7-Day free trial membership
Here's why 605,000 law students have relied on our key terms:
  • A complete online legal dictionary of law terms and legal definitions
  • Over 6,700 key terms written in plain English to help you not only understand the law but master it
  • The premier online law dictionary built specifically for law students
  • Easy access in class or on the go, accessible both online and through the Quimbee mobile app
  • Reliable - written by legal professors and practitioners
  • Get instant access to all related rules of law to any specific key term with a Quimbee Study Aid plan

Get full access FREE

With a 7-Day free trial membership