A88 (2025-26 session)
NY State bill
Prohibits pre-payment penalties for mortgages secured by real property owned in a cooperative form of ownership where over fifty percent of the units are shareholder occupied.
- Title
- Relates to prohibiting pre-payment penalties for mortgages secured by real property owned in a cooperative form of ownership
- Type
- New York State Assembly bill
- Session
- 2025-26 session
- Status
- In Assembly Committee
- Latest action date
- 2026-01-07
- In committee
- Judiciary
- Introduced
- 2024-12-20
- Same as
- S9796
- Law section
- General Obligations Law
Sponsors
- Jeffrey Dinowitz Assembly Member, District 81
Co-sponsors
- Robert C. Carroll Assembly Member, District 44
Heard in committee
- Judiciary NY State Assembly committee
Same as
- S9796 (2025-26 session) NY State bill