For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

§ 26-2402 — Definitions

New York City Administrative Code (current through L.L. 2026/147, enacted September 12, 2026, and amendments effective through October 10, 2026) · NYC Admin. Code § 26-2402

Corpus is an independent public-information project, not the official City of New York website. Stable reference URL

§ 26-2402 Definitions.

As used in this chapter: Buyout agreement. The term "buyout agreement" means an agreement wherein the owner of a dwelling unit exchanges money or other valuable consideration to induce any person lawfully entitled to occupancy of such unit to surrender or waive any rights in relation to such occupancy that results in the tenant vacating such unit. Commissioner. The term "commissioner" means the commissioner of housing preservation and development and any successor thereto. Department. The term "department" means the department of housing preservation and development and any successor thereto. (L.L. 2019/102, 6/8/2019, eff. 7/1/2020)