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NY A09871

Bill

Status

Introduced

4/24/2024

Primary Sponsor

Yudelka Tapia

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Limits security deposits to no more than two months' rent for any dwelling.
  • Requires landlords to return full security deposits and accrued interest within 21 days after lease expiration, minus any lawful deductions.
  • Mandates landlords provide written statements within 21 days listing reasons for any deposit retention, including photographic documentation and itemized repair receipts with proof of payment.
  • Establishes penalties of treble damages plus attorney fees, court costs, and last two months' rent for willful violations, with burden of proof on landlord to show retention was not willful.
  • Requires Department of Homes and Community Renewal to maintain and publicly post a list of landlords who violate the deposit return provisions.

Legislative Description

Requires landlords to return the full security deposit and any accrued interest to which the tenant is entitled less any amount retained by the landlord within 21 days of the end of the lease.

Last Action

referred to judiciary

4/24/2024

Committee Referrals

Judiciary4/24/2024

Full Bill Text

No bill text available