The phrase "vacancy bonus" refers to getting an extra benefit or advantage when there is an empty job position or vacancy in a company or organization. Full definition
Limits landlords to collect only one vacancy bonus per year, reducing the manipulation of leases in order to push units out of the system. (nyshcr.org)
Another important change this law makes is allowing landlords to collect only one vacancy bonus per year, reducing the manipulation of leases in order to push units out of the system. (nyshcr.org)
He also voiced support to further limit vacancy bonuses and limit surcharges for major capital improvements, among other changes. (dnainfo.com)