Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 05, 2022 |
referred to housing |
Apr 19, 2021 |
referred to housing |
Assembly Bill A6973
2021-2022 Legislative Session
Sponsored By
DAVILA
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2021-A6973 (ACTIVE) - Details
2021-A6973 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6973 2021-2022 Regular Sessions I N A S S E M B L Y April 19, 2021 ___________ Introduced by M. of A. DAVILA -- read once and referred to the Committee on Housing AN ACT to amend the emergency tenant protection act of nineteen seven- ty-four, in relation to regulating buyouts within rent regulated apartments THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 4 of chapter 576 of the laws of 1974, constituting the emergency tenant protection act of nineteen seventy-four, is amended by adding a new section 10-c to read as follows: § 10-C. REGULATED BUYOUTS FOR RENT REGULATED APARTMENTS. A. FOR PURPOSES OF THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: (1) "BUYOUT AGREEMENT" SHALL MEAN AN AGREEMENT WHEREIN THE OWNER OF A DWELLING UNIT EXCHANGES MONEY OR OTHER VALUABLE CONSIDERATION TO INDUCE ANY PERSON LAWFULLY ENTITLED TO OCCUPANCY OF SUCH UNIT TO SURRENDER OR WAIVE ANY RIGHTS IN RELATION TO SUCH OCCUPANCY THAT RESULTS IN THE TENANT VACATING SUCH UNIT. (2) "COMMISSIONER" SHALL MEAN THE COMMISSIONER OF THE DIVISION OF HOUSING AND COMMUNITY RENEWAL AND ANY SUCCESSOR THERETO. (3) "DIVISION" SHALL MEAN THE DIVISION OF HOUSING AND COMMUNITY RENEWAL AND ANY SUCCESSOR THERETO. B. (1) IF A LANDLORD SHALL MAKE A BUYOUT OFFER TO A CURRENT TENANT IN THE FORM OF A PROPOSED BUYOUT AGREEMENT, SUCH AGREEMENT SHALL BE MADE IN WRITING AND SHALL CONTAIN: (A) HIS OR HER NAME AND CONTACT INFORMATION; (B) THE DATE THE REQUEST WAS MADE IN WRITING; (C) THE AMOUNT OF MONEY BEING OFFERED TO THE CURRENT TENANT; AND (D) THE REASON FOR CONTACTING THE TENANT; (2) THE LANDLORD SHALL MAKE IT KNOWN TO A TENANT WITHIN ANY PROPOSED BUYOUT AGREEMENT THAT: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.