Sec. 47-287. Conversion tenant's right to relocation payment.
202 words·~1 min read·
/ct/title-47/chapter-828-common-interest-ownership-act/47-287·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Except as provided in subsection
(b)of this section, a conversion tenant is entitled to a relocation payment from the declarant if the tenant's household income qualifies under subsection
(c)of this section and he moves from his converted unit either during or after the transition period. The relocation payment shall be in the amount of two months rent or one thousand dollars, whichever is greater.
(b)If a conversion tenant executes a written lease for a term of at least one year at any time after the tenant receives a conversion notice, the lease may provide that, after the transition period ends, the tenant waives his right to a relocation payment pursuant to this section.
(c)A tenant's household income qualifies, for purposes of subsection
(a)of this section, if his household has an adjusted gross income for federal income tax purposes of less than twenty-one thousand dollars if the tenant is unmarried, or twenty-five thousand dollars if he is married.
(d)The relocation payment shall be made within ten days after the tenant vacates and shall not be considered as income or resources to the extent so provided for payment to a displaced person pursuant to section 8-277 .