S952 (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 Senate bill
Session
2025-26 session
Status
Signed by Governor
Latest action date
2025-10-16
Introduced
2025-01-07
Active version
S952B
Same as
A6423
Law section
General Obligations Law

Sponsors

Co-sponsors

Heard in committee

Same as

Substituted for

Committee meetings

Committee meetings that took this bill up, from the Senate's published agendas. The Assembly does not publish its committee agendas in machine-readable form, so an Assembly committee's consideration of a bill is not on this list.

Sources