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Bill > S06427
NY S06427
NY S06427Prohibits landlords, lessors, sub-lessors and grantors from demanding broker's fees from a tenant.
summary
Introduced
04/28/2021
04/28/2021
In Committee
01/05/2022
01/05/2022
Crossed Over
Passed
Dead
12/31/2022
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)
Official Document
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