A6423 (2025-26 session)

NY State bill

Requires that the entire amount of a rental deposit or advance be refundable to the tenant upon the tenant's vacating of the premises except for an amount lawfully retained for non-payment of rent or utilities, damage caused by the tenant, or storage costs; requires landlord to provide an itemized statement of damages and to return the balance of the deposit within 14 days; requires that tenant be given the opportunity to inspect the rental premises prior to signing a lease; allows a grantee or assignee of the leased premises to demand that an escrow account be opened.

Title
Makes rent stabilized dwelling units eligible for certain protections
Type
New York State Assembly bill
Session
2025-26 session
Status
Assembly Floor Calendar
Latest action date
2025-04-29
Introduced
2025-03-04
Active version
A6423A
Same as
S952
Substituted by
S952
Law section
General Obligations Law

Sponsors

Co-sponsors

Heard in committee

Same as

Substituted by

Sources