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Security Deposit:
Security DepositMaximum: No Statute (source
(http://www.ag.ny.gov/sites/default/files/pdfs/publications/Tenant_Rights_2011.pdf))
Security Deposit Interest:If the rental property contains 6 or more family dwellings,
landlord is required to keep the deposit in a New York interest-bearing bank account
and collect interest on behalf of the tenant.(N.Y. GOL 7-103(2-a)
(http://public.leginfo.state.ny.us/LAWSSEAF.cgi?
QUERYTYPE=LAWS+&QUERYDATA=$$GOB7-103$$@TXGOB07103+&LIST=SEA2+&BROWSER=BROWSER+&TOKEN=54444238+&TARGET=VIEW))
Separate Security Deposit Bank Account:Landlord cannot mingle deposit funds
with personal funds. (N.Y. GOL 7-103(1)
(http://public.leginfo.state.ny.us/LAWSSEAF.cgi?
QUERYTYPE=LAWS+&QUERYDATA=$$GOB7-103$$@TXGOB07103+&LIST=SEA2+&BROWSER=BROWSER+&TOKEN=54444238+&TARGET=VIEW))If
the rental property contains 6 or more family dwellings, landlord is required to keep
the deposit in a New York interest bearing bank account.(N.Y. GOL 7-103(2-a)
(http://public.leginfo.state.ny.us/LAWSSEAF.cgi?
QUERYTYPE=LAWS+&QUERYDATA=$$GOB7-103$$@TXGOB07103+&LIST=SEA2+&BROWSER=BROWSER+&TOKEN=54444238+&TARGET=VIEW))
Pet Deposits and Additional Fees: No Statute
Deadline for Returning Security Deposit: Any reasonable amount of time. (source
(http://www.ag.ny.gov/sites/default/files/pdfs/publications/Tenant_Rights_2011.pdf))
Security Deposit can be withheld for: (source
(http://www.ag.ny.gov/sites/default/files/pdfs/publications/Tenant_Rights_2011.pdf))
Disclosures andMiscellaneousNotes:
Copy of the Lease:In NYC, The landlord shall provide the tenant with a copy of any
written rental agreement within 30 days of ratification.(source
(http://www.ag.ny.gov/sites/default/files/pdfs/publications/Tenant_Rights_2011.pdf))
Domestic Violence Situations: With approval of court, a tenant is allowed to
terminate a lease prematurely in situations of domestic violence.(N.Y. RPL 237-c
(http://public.leginfo.state.ny.us/LAWSSEAF.cgi?
QUERYTYPE=LAWS+&QUERYDATA=$$RPP227-C$$@TXRPP0227C+&LIST=LAW+&BROWSER=BROWSER+&TOKEN=54444238+&TARGET=VIEW))
Retaliation:Landlord must not terminate or refuse to renew a lease to a tenant who
has filed an o icialcomplaintto a Government Authority, been involved in a tenants
organization, or exercised a legal right. Courts will assume retaliation by landlord if
negative action is taken on the tenant within 6 months a er any of the prior tenant
actions.(N.Y. RPL 223-b (http://public.leginfo.state.ny.us/LAWSSEAF.cgi?
QUERYTYPE=LAWS+&QUERYDATA=$$RPP223-B$$@TXRPP0223B+&LIST=LAW+&BROWSER=BROWSER+&TOKEN=54444238+&TARGET=VIEW))A
landlord who seeks to enforcesuch a fee, penalty or charge against a tenant
becausesuch tenant files a bona fide complaint with a building code
o icerregarding the condition shall be liable to the tenant for triplethe amount of
such fee, penalty or charge.(N.Y. RPL 223-b(5a)
(http://public.leginfo.state.ny.us/LAWSSEAF.cgi?
QUERYTYPE=LAWS+&QUERYDATA=$$RPP223-B$$@TXRPP0223B+&LIST=LAW+&BROWSER=BROWSER+&TOKEN=54444238+&TARGET=VIEW)).
Court Related:
New York Small Claims Court Limits: $5,000, except in Town and Village Courts
where the limit is $3,000. (source
(http://www.nycourts.gov/courthelp/faqs/smallclaims.html))
Eviction Cases Allowed in Small Claims: No, eviction cases are handled in Civil Court
or Housing Court.
Business Licenses:
Business License Required: No state-wide statute, but local cities and counties may
have regulations and requirements. Check with your local governing authority.
Helpful Links
New York City Tenants Rights and Responsibilities
(http://www.ag.ny.gov/sites/default/files/pdfs/publications/Tenants_Rights.pdf)
Renters Rights in Central New York
(http://www.lasmny.org/Brochures/Renter%27s%20Rights%20in%20CNY.pdf) (pdf)
New York State Assembly Guide to Tenants Rights
(http://assembly.state.ny.us/member_files/085/20090617b/)
[ GUIDE ] The Use of Tenant Screening Reports and Tenant Blacklisting
(http://works.bepress.com/cgi/viewcontent.cgi?
article=1252&context=gerald_lebovits)(pdf)
New York State O ice of Rent Administration (http://www.nyshcr.org/Rent/)
New York State Insurance Division
(http://www.dfs.ny.gov/insurance/dfs_insurance.htm)
New York Homeowners & Tenants Insurance: What Consumers Need to Know
(http://www.dfs.ny.gov/consumer/homeown/homeown_guide.pdf) (pdf)
New York Homeowners Resource Center
(http://www.dfs.ny.gov/consumer/home_resources.htm)
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