Enacts the New York state fair tenant credit reporting act to ensure negative credit reporting by landlords can only occur under fair and transparent.
The New York state fair tenant credit reporting act aims to protect tenants from unfair or misleading negative credit reporting by landlords. It prohibits landlords from reporting unpaid rent, fees, or other charges to a consumer reporting agency or tenant screening bureau unless a court has ruled in the landlord's favor. Additionally, it mandates that any negative reporting must be removed within thirty days of a court finding a violation. The act also requires that any credit reporting activities must be explicitly disclosed and acknowledged by the tenant during the application process.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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