Loading chat...
NY A08599
Bill
Status
1/12/2024
Primary Sponsor
Clyde Vanel
Click for details
AI Summary
-
Requires courts holding special proceedings to recover real property under Real Property Actions and Proceedings Law sections 701, 769, 791, and 796-a to establish escrow accounts.
-
Mandates that tenants submit any owed rent into the established escrow account in order to appear in court for these special proceedings.
-
Applies the same escrow account requirement to the New York City Civil Court Act for summary proceedings to recover possession of real property within New York City.
-
Takes effect 180 days after becoming law, with provisions for sections 4 and 5 to take effect according to the timelines of chapters 677 of 2022 and chapter 36 of 2023, respectively.
Legislative Description
Requires any court which holds a special proceeding to recover real property to establish an escrow account where the tenant shall submit any owed rent into such account.
Last Action
referred to judiciary
1/12/2024