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Guidance for Real Estate Professionals Concerning the ...

Revised 5/25/2021 INTRODUCTION TO THE NEW LAWS On June 14, 2019, Governor Andrew Cuomo signed into law the Statewide Housing Security & Tenant Protection Act of 2019 and the Housing Stability & Tenant Protection Act of 2019 (the Acts). The Acts are a sweeping and comprehensive collection of new provisions that strengthen tenant protections for all New Yorkers. To help licensed real Estate brokers, salespeople, and other interested parties understand the new law, the New York State Department of State (the Department) has prepared this Guidance . Please visit our website at periodically for important updates. The information offered below should not be used in lieu of seeking appropriate legal advice and is not intended to answer general questions by private landlords, cooperative boards, or condominium boards regarding the Acts. This Guidance is subject to change and licensed Professionals should frequently visit this page for important updates based on future interpretations of the Acts by the courts.

May 25, 2021 · Department of State, Sup Ct, Albany County, SECOND CORRECTED DECISION and ORDER (May 12, 2021) Index No. 901586-20. 6. CAN A LANDLORD’S AGENT CONTINUE TO MAINTAIN A SECURITY DEPOSIT FROM A PRIOR LEASE THAT IS GREATER THAN ONE MONTH’S RENT? If a lease was signed before July 14, 2019, the Department will not seek to …

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