New York S08612 amends the good cause eviction law with technical changes.
New York S08612 enacts technical changes to the good cause eviction law. It modifies the real property law and real property actions and proceedings law to clarify the conditions under which a landlord can increase rent or terminate a lease. The bill specifies the notice requirements landlords must follow when increasing rent or not renewing a lease. It also defines terms such as "inflation index" and "consummated" for cooperatives and condominiums. The changes aim to ensure tenants are informed of their rights and the reasons for any lease termination or rent increase.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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