A7072 (2025-26 session)

NY State bill

Limits the amount of security deposit for residential rental premises which may be charged to a senior citizen who has occupied the premises for five years or more to the equivalent of one month's rent; entitles a person who has attained the age of sixty-two to a refund of that portion of any security deposit held by the landlord which exceeds one month's rent.

Title
Entitles senior citizens to a refund of any security deposit exceeding one month's rent
Type
New York State Assembly bill
Session
2025-26 session
Status
In Assembly Committee
Latest action date
2026-01-07
In committee
Judiciary
Introduced
2025-03-20
Law section
Real Property Law

Sponsors

Heard in committee

Sources