New York A00946 prohibits landlords, lessors, sub-lessors, and grantors from demanding brokers' fees from tenants.
New York A00946 amends the real property law to prohibit landlords, lessors, sub-lessors, and grantors from demanding brokers' fees from tenants. This applies to all payments, fees, or charges related to the processing, review, or acceptance of a tenant's application, except for background and credit checks. The prohibition does not apply to entrance fees charged by certain retirement communities or cooperative housing corporations. The bill aims to protect tenants from additional costs imposed by landlords.
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