Bill

Bill > S06427


NY S06427

NY S06427
Prohibits landlords, lessors, sub-lessors and grantors from demanding broker's fees from a tenant.


summary

Introduced
04/28/2021
In Committee
01/05/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

AN ACT to amend the real property law, in relation to prohibiting landlords, lessors, sub-lessors and grantors from demanding brokers' fees from a tenant

AI Summary

This bill prohibits landlords, lessors, sub-lessors, and grantors from demanding broker's fees from a tenant. It amends the Real Property Law to clarify that landlords cannot charge any fees or payments before or at the beginning of a tenancy, except for background and credit checks, with some exceptions for certain types of senior living communities. The bill aims to prevent landlords from passing on broker's fees to tenants, which can be a significant upfront cost for renters.

Committee Categories

Justice

Sponsors (2)

Last Action

PRINT NUMBER 6427A (on 08/29/2022)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...