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NY A01300
Bill
Status
Introduced
1/9/2025
Primary Sponsor
Clyde Vanel
Click for details
AI Summary
- Defines "small property owner" as any lessor in a residential real property transaction who owns or leases 20 units or less in New York City
- Entitles small property owners to free legal services if they can demonstrate a loss of at least 20% of rent payments in a calendar year
- Amends the New York City Administrative Code by adding the small property owner definition and legal services provision to existing tenant protection laws
- Amends the Real Property Actions and Proceedings Law by adding new sections 703 and 770-a establishing the same free legal services entitlement statewide
- Takes effect 90 days after becoming law
Legislative Description
Provides that any small property owner that owns twenty units or less shall be entitled to free legal services if such small property owner can prove a loss of at least twenty percent of rent payments in a calendar year; defines "small property owner" as any lessor in a residential real property transaction, and includes an owner of twenty units or less who lists residential real property for lease with an agent, whether or not a lease results, or who receives an offer to lease twenty units of residential real property or less.
Last Action
referred to judiciary
1/7/2026
Committee Referrals
Judiciary1/9/2025
Full Bill Text
No bill text available