DHCR Change of Ownership or Address: When To File RA-44
An owner-side guide to HCR's RA-44 change-of-ownership form, the transition records owners should verify, and the Yardi handoffs that should be clean before portfolio changes create filing or tenant-facing issues.
DHCR Form RA-44 is HCR's report of change in ownership or address. It is the form owners and managing agents should review when a rent-regulated building changes ownership, managing-agent responsibility, or owner/managing-agent address information.
Owners, managing agents, property managers, acquisition teams, compliance teams, finance leaders, and Yardi administrators need portfolio-transition records to stay clean before annual registration, lease packages, tenant questions, or internal reports expose a mismatch. RA-44 planning is operational guidance territory, not legal advice.
What owners should know before a portfolio transition is treated as complete
HCR's RA-44 form is used for changes in owner, managing agent, or owner/managing-agent address information.
The form references a 30-day reporting window, so transition review should happen during onboarding, not after the next filing deadline appears.
New owners should review rental history, open case status, required registrations, and source records before assuming the inherited file is complete.
RA-44 is separate from annual registration and initial registration, but all three depend on clean ownership, building, apartment, tenant, lease, and access records.
For teams using Yardi, the safest handoff is to align HCR records, Yardi property records, ORRA/ARRO access, reporting ownership, and document storage in one controlled transition checklist.
Chapter 1
What RA-44 Is
RA-44 is HCR's report of change in ownership or address. The form is used when there has been a change in the owner or managing agent, or a change in address for the owner or managing agent, for a rent-regulated building.
The form asks for building information, registration numbers, the type of entity involved, the date of the reported change, former owner or managing-agent information, new owner or managing-agent information, mailing-address information where applicable, and an affirmation from the filer.
That makes RA-44 more than a contact-update form. It is a transition record. If the owner, managing agent, address, building registration number, or related records are wrong, the problem can surface later in annual registration, tenant communication, open case handling, lease package work, or internal reporting.
Plain-English version: RA-44 is the ownership and address handoff form. Use it as a checkpoint to make sure the public agency record, operating system record, and internal responsibility map all tell the same story.
The practical takeaway is simple: RA-44 review should be part of portfolio-transition onboarding. If a building is acquired, a managing agent changes, the owner entity changes address, or responsibility for a regulated portfolio moves to a new operating team, the record review should happen before the transition is treated as complete.
Waiting until annual registration opens can create avoidable cleanup. By then, ORRA/ARRO access, building records, Yardi setup, contact ownership, pending cases, tenant communication, and internal reports may already be pointed at the wrong owner or managing-agent record.
Situations that should trigger review
A rent-regulated building is acquired or transferred.
The managing agent changes.
The owner or managing-agent mailing address changes.
A portfolio is reorganized after an acquisition, merger, or internal restructuring.
Annual registration or tenant communication reveals a mismatch in owner or managing-agent records.
Chapter 3
Ownership vs. Address vs. Managing-Agent Changes
RA-44 can be easy to underestimate because several transition events are handled through the same form. The operational risk is that teams may update one record while leaving related records behind.
Change Type
What Usually Changes
Owner-Side Review Point
Ownership change
Fee owner, entity, portfolio responsibility, acquisition records, and registration context
Confirm the building, owner entity, registration number, rental history, open cases, and Yardi property records line up.
Managing-agent change
Operational responsibility, resident communication path, filing ownership, and internal escalation path
Confirm the agent record, user access, reporting ownership, tenant communication workflow, and document-retention rules.
Address change
Owner or managing-agent mailing address and contact information
Confirm that HCR, Yardi, ORRA/ARRO, tenant communication, and internal reports use the correct address.
Keeping these scenarios separate helps the team avoid false confidence. A mailing address update is not the same as a new owner onboarding. A managing-agent change may not transfer ownership, but it can still affect access, communication, open cases, and responsibility for deadlines.
Chapter 4
Acquisition and Portfolio Handoff Risks
Portfolio transitions are messy because the legal transfer, management handoff, system setup, reporting process, and compliance records rarely move at exactly the same pace. A property can be live in the operating environment before the owner record, managing-agent record, filing access, and document trail are fully reconciled.
HCR's RA-44 instructions advise new owners to acquire the rental history for the building and the case status of pending cases. They also point owners toward REC-1 as a way to request that information. That is a helpful reminder: a change of ownership is not just a name change. It is an inherited-record review.
For owner-side teams, the handoff should answer three questions. What records did we inherit? Which records need correction? Which system or workflow now owns each correction? If those answers are not documented, the same mismatch may reappear during registration, renewal, surcharge review, tenant communication, or legal review.
Transition rule: do not treat the portfolio as fully onboarded until ownership records, managing-agent records, HCR access, rental history review, open-case awareness, Yardi setup, and document storage have a clear owner.
Chapter 5
How RA-44 Connects to Registration Work
RA-44 is not the same as annual rent registration, initial registration, or ORRA/ARRO filing. It is a different workflow, but the same underlying records can affect all of them. That is why ownership and managing-agent cleanup should not sit off to the side.
If ownership records are stale, the registration workflow can become harder than it needs to be. The team may discover the issue while trying to access an online filing environment, validate a building record, respond to a tenant question, or reconcile an internal report against agency records.
RA-44Reports ownership, managing-agent, or address changes.
Annual registrationReports annual building and apartment status through the registration workflow.
Initial registrationEstablishes first-time registration records for newly stabilized units.
ORRA/ARRO accessSupports the online owner application and annual registration filing process.
Chapter 6
Records to Verify Before Filing
Before RA-44 is filed or treated as complete, the team should verify the records that make the change operationally real. The form captures the change, but the operating environment still needs to reflect that change accurately.
Start with the building and owner record. Confirm the building address, registration number, ownership entity, managing-agent information, physical address, mailing address, telephone number, email address, and the date of the reported change. Then confirm which records need updates outside the form itself.
For newly acquired buildings, the review should also include rental history, pending cases, open registration issues, lease packages, tenant communication templates, reporting ownership, and document storage. A clean transition should leave the next reviewer with a clear trail.
Records to check
Building address and rent registration number.
Former owner or managing-agent information.
New owner or managing-agent name, address, phone, and email.
Effective date of the reported change.
Rental history and any known open case status.
ORRA/ARRO access and user ownership.
Yardi property, owner, contact, reporting, and document records.
Internal approval and retention process for the final filing record.
Chapter 7
Where Yardi Data Needs to Be Clean
For teams using Yardi, RA-44 readiness is really transition-data readiness. The source records should make it clear who owns the building, who manages it, who receives communications, who controls reporting, who owns registration work, and where the final filing support lives.
The Yardi side of the workflow should not be limited to adding a property or changing a contact field. The transition can affect property setup, entity records, owner records, management responsibility, tenant communication, lease records, custom reports, user roles, document storage, and reporting packages.
RA-44 may be a specific form, but the underlying handoff affects annual registration, renewal packages, lease riders, 421-a surcharge review, preferential rent review, and other owner-side workflows. If ownership and managing-agent records are stale, those downstream processes can inherit the same mismatch.
Owner and managing-agent contact records.
Property and building registration identifiers.
ORRA/ARRO access ownership.
Tenant communication templates and routing.
Reports that show ownership, agent, or registration fields.
Document storage for filed forms and supporting records.
Chapter 8
Common Transition Breakdowns
RA-44 problems usually show up as small mismatches first. A contact name is wrong. A mailing address is stale. A building is tied to the wrong internal group. A filing user does not have access. A tenant communication references an old managing agent. A report shows one ownership record while the agency record shows another.
Those issues become more expensive when they are discovered late. The same mismatch can affect annual registration, renewal package timing, open case notices, resident correspondence, legal review, and management reporting.
The fix is not to make the form process more complicated. It is to make transition ownership clearer. Every ownership or managing-agent change should have a short closeout checklist that confirms the form, the source records, the online access, the reporting logic, and the document trail are aligned.
Breakdown
Likely Cause
Operational Response
HCR record and Yardi record disagree
Ownership or agent change was handled in one place but not the other
Build a transition checklist that includes external filing, Yardi setup, reporting, and document retention.
ORRA/ARRO access is unclear
Filing responsibility was not transferred during onboarding
Assign an access owner before annual registration work begins.
Old managing agent appears in communication
Templates, contacts, or reports were not updated after the transition
Audit resident-facing templates and internal reports after the owner/agent change.
Rental history or open cases are discovered late
Inherited records were not reviewed during acquisition onboarding
Review rental history and open-case status as part of the post-close compliance handoff.
Final filing support is hard to find
No document-retention owner was assigned
Store filed forms, support, approvals, and related correspondence in a consistent location.
Chapter 9
RA-44 Readiness Checklist
When a rent-regulated property changes ownership, managing-agent responsibility, or owner/managing-agent address information, teams should close the loop before the transition creates registration, reporting, or tenant-communication cleanup later.
Confirm the event that triggered review: ownership change, managing-agent change, address change, or portfolio restructuring.
Verify the current HCR RA-44 form and instructions before relying on a saved copy.
Confirm the building address and rent registration number.
Confirm the former and new owner or managing-agent information.
Confirm the effective date of the reported change.
Review rental history and known open case status for newly acquired buildings.
Confirm who owns ORRA/ARRO access and annual registration work after the transition.
Update Yardi owner, managing-agent, property, reporting, and document records where needed.
Review resident-facing templates and internal reports for stale owner or managing-agent information.
Retain the filed form, support records, approvals, and related correspondence together.
FAQ
DHCR RA-44 Change of Ownership FAQ
What is DHCR Form RA-44?
RA-44 is HCR's report of change in ownership or address. It is used when the owner, managing agent, or owner/managing-agent address information changes for a rent-regulated building.
When should owners review RA-44?
Owners should review RA-44 when ownership changes, managing-agent responsibility changes, or owner/managing-agent address information changes. HCR's current form references a 30-day reporting window, so teams should verify the current form and instructions directly with HCR.
Is RA-44 the same as annual rent registration?
No. RA-44 is for ownership, managing-agent, or address changes. Annual rent registration is a separate recurring filing workflow for building and apartment records. They are connected operationally, but they are not the same filing.
Why does RA-44 matter during an acquisition?
A new owner may inherit rental history, open cases, registration obligations, tenant communication issues, and system records. RA-44 review gives the team a practical checkpoint for aligning ownership records before those issues surface later.
How does RA-44 connect to Yardi?
For teams using Yardi, RA-44 readiness depends on clean owner, managing-agent, property, building, tenant, lease, registration, access, reporting, and document records after a portfolio transition.
Sources
Sources to Verify Before Reporting Ownership or Address Changes
RA-44 planning is operational guidance, not legal advice. Owners should verify current filing requirements, form instructions, rent-regulation obligations, and case-specific questions with HCR sources and counsel before filing or relying on any form.
Need cleaner ownership records after a portfolio transition?
BC Solutions helps Yardi users align owner records, managing-agent records, property setup, access ownership, reporting, and document workflows before transition cleanup becomes a filing or resident communication issue.