WebThe court finds that the legislature, in adopting General Obligations Law § 7-108 (1-a) (d) and (e), specifically wanted tenants to know if the landlord believed the rented property was damaged and whether the cost of those damages would be deducted from the security deposit, and the legislature also intended that the landlord must give the ... WebDec 28, 2024 · Additionally, General Obligations Law §7-108 (1-a) (g) obligates the landlord to pay for actual damages if determined in breach of any provisions of the statute.
N.Y. General Obligations Law 7-108 – Deposits Made by Tenants …
WebTerms Used In N.Y. General Obligations Law 7-108. Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.; Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries. ... espn+ one month free
Legislation NY State Senate
WebHowever, she did not provide proof of compliance with General Obligations Law § 7-108(1-a)(e). There was NO itemized statement as required by statute (“the landlord shall provide the tenant with an itemized statement indicating the basis for the amount of the deposit retained, if any, and shall return any remaining portion of the deposit to ... WebDec 16, 2024 · General Obligations Law § 7-108 (1-a) (e) provides that a landlord who fails to provide a tenant with an itemized statement indicating the basis for retaining any portion of a security deposit within 14 days after the tenant has vacated the premises forfeits the right to retain any portion of the deposit. It was pursuant to this provision that ... WebJan 4, 2024 · The forfeiture penalty only applies to General Obligations Law § 7-108(1-a)(e), failure to provide an itemized statement, which statement was indisputably provided here. Real Property Law § 227-e sets forth a landlord's affirmative duty to mitigate damages where, as here, a tenant vacates the premises before the end of the lease: espn on direct tv what channel