Prohibits landlords from including incorrect information relating to rent decontrol in certain leases and renewals; imposes a fine of $1000 for.

This bill amends the real property tax law to prohibit landlords from including incorrect information about rent decontrol in leases and renewals. Landlords who violate this provision face a fine of $1000. Additionally, the bill mandates the standardization of notices provided to tenants in units subject to the Affordable New York Housing Program. These notices must include specific details about the unit's affordability and the impact of any tax benefit expirations.

Prohibits landlords from including incorrect information relating to rent decontrol in certain leases and renewals; imposes a fine of $1000 for.

This bill amends the real property tax law to prohibit landlords from including incorrect information about rent decontrol in leases and renewals. Landlords who violate this provision face a fine of $1000. Additionally, the bill mandates the standardization of notices provided to tenants in units subject to the Affordable New York Housing Program. These notices must include specific details about the unit's affordability and the impact of any tax benefit expirations.