New York Legal Matters: The Housing Stability and Tenant Protection Act

Overview

The Housing Stability and Tenant Protection Act of 2019 brought about sweeping changes to New York's landlord-tenant laws. The act implemented a number of notable changes to protect tenants, including the imposition of limits on landlords' abilities to increase rents, evict delinquent tenants, and convert existing rent stabilized units into market-rate apartments. The course covers these and other important provisions of the Act so that you'll be ready to help clients comply with the Act's new requirements and meets the 1-hour legal matters course requirement.

Learning Objectives

  • State the purpose of the Housing Stability and Tenant Protection Act
  • Explain how rent control and rent stabilization work
  • Identify changes to preferential rent and other new guidelines affecting landlord-tenant laws
  • Describe landlords' duties with regard to rent increases, renewals, and documentation
  • Recognize how luxury deregulation and owner-use exceptions are affected by the Act
  • Describe the new limits on security deposits, the timeline for returning deposits, and rules regarding move-out and move-in inspections

Designed For

New York real estate professionals at all stages of their career


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