Bill

Bill > A00946


NY A00946

NY A00946
Prohibits landlords, lessors, sub-lessors and grantors from demanding brokers' fees from a tenant.


summary

Introduced
01/08/2025
In Committee
01/08/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 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 amends the New York Real Property Law to prohibit landlords, lessors, sub-lessors, and grantors from demanding broker's fees from tenants, expanding on existing restrictions on fees charged at the beginning of a tenancy. The legislation specifically adds "broker's fees" to the list of prohibited charges that a landlord cannot demand from a prospective tenant before or at the start of a lease, with some limited exceptions. The bill maintains previous exemptions for certain types of residential facilities like continuing care retirement communities, assisted living providers, and adult care facilities. The law also preserves the ability of some cooperative housing corporations to charge fees related to processing a tenant's application. By explicitly including broker's fees in the list of prohibited charges, the bill aims to reduce upfront costs for renters and make housing more affordable by preventing tenants from being required to pay fees typically associated with finding and securing a rental property. The act is set to take effect immediately upon passage.

Committee Categories

Justice

Sponsors (24)

Last Action

referred to judiciary (on 01/08/2025)

bill text


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