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A01510 Summary:

BILL NOA01510
 
SAME ASNo Same As
 
SPONSORRosenthal
 
COSPNSR
 
MLTSPNSR
 
Add §235-k, RP L
 
Relates to the timely cashing of rent checks; requires a landlord to cash a rent check provided by a tenant in their possession within thirty days after the check is postmarked.
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A01510 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          1510
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                    January 10, 2025
                                       ___________
 
        Introduced  by  M.  of  A.  ROSENTHAL  --  read once and referred to the
          Committee on Housing
 
        AN ACT to amend the real property law, in relation to the timely cashing
          of rent checks
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  The  real property law is amended by adding a new section
     2  235-k to read as follows:
     3    § 235-k. Timely cashing of rent check. 1. A landlord shall cash a rent
     4  check provided by a tenant in their possession within thirty days  after
     5  the check is postmarked.
     6    2.  Any landlord who violates this section shall be subject to a civil
     7  penalty of two hundred fifty dollars.
     8    § 2. This act shall take effect immediately.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04661-01-5
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