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NY S07858
Bill
Status
6/16/2014
Primary Sponsor
Bill Perkins
Click for details
AI Summary
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Extends the four-year look-back period for challenging rent overcharges when a tenant can demonstrate the owner's wrongful conduct or fraud prevented the tenant from asserting a claim.
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Requires owners to provide receipts and disbursements for repairs, upgrades, or renovations made during the four years prior to commencement of a rent overcharge action when tenants allege misrepresentation or fraud.
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Requires owners to provide receipts and disbursements for repairs, upgrades, or improvements made in the four years before a new prospective tenant signs a lease.
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Applies to rent-regulated housing in New York City under the Administrative Code, as well as housing in other jurisdictions under the Emergency Tenant Protection Act of 1974.
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Takes effect immediately and applies to all pending and future rent overcharge actions and administrative proceedings.
Legislative Description
Tolls the four year statute of limitations look back period on rent overcharges where the owner of a housing accommodation acts in a wrongful or fraudulent manner.
Last Action
REFERRED TO RULES
6/16/2014