Extends the statute of limitations for rent overcharge claims in cases of wrongful or fraudulent behavior by landlords.
This bill amends the administrative code, the Emergency Tenant Protection Act of 1974, and the Civil Practice Law and Rules to extend the statute of limitations for rent overcharge claims. Specifically, it tolls the four-year look-back period for rent overcharges when the landlord acts in a wrongful or fraudulent manner. This means that if a landlord fails to file an annual rent registration statement, the court will consider those years when determining the current legal regulated rent. The changes apply to any actions or proceedings pending or commenced after the bill's effective date.
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