New York bill S07977 expands landlord definitions to include cooperative entities and tenant definitions to include cooperative shareholders and.

New York bill S07977 amends the real property law by expanding the definition of "landlord" to include cooperative entities. It also expands the definition of "tenant" to include any shareholder, tenant, or subtenant of a cooperative entity. A "cooperative entity" is defined as a corporation, entity, or organization that provides housing to its shareholders by leasing or subleasing apartments or residences in buildings or premises it owns. This act takes effect immediately upon enactment.

New York bill S07977 expands landlord definitions to include cooperative entities and tenant definitions to include cooperative shareholders and.

New York bill S07977 amends the real property law by expanding the definition of "landlord" to include cooperative entities. It also expands the definition of "tenant" to include any shareholder, tenant, or subtenant of a cooperative entity. A "cooperative entity" is defined as a corporation, entity, or organization that provides housing to its shareholders by leasing or subleasing apartments or residences in buildings or premises it owns. This act takes effect immediately upon enactment.