Legal Analysts

Showing posts with label seasonal rentals. Show all posts
Showing posts with label seasonal rentals. Show all posts

Friday, June 11, 2021

Seasonal Rentals May Soon Collect More Than One Month’s Rent for Deposit or Advance

On June 9, 2021, the New York State Legislature passed Assembly Bill A4587 / Senate Bill S6877. The bill amends General Obligations Law §7-108(1-a) which, if passed, will exempt certain seasonal use tenancies from the maximum deposit or advance of one month’s rent. The seasonal use dwelling must meet the following conditions:
  1. The lease expressly provides that:
    • the dwelling unit is registered as a seasonal use dwelling unit, indicating the local or county government agency with which it is registered;
    • the occupancy is only for seasonal use and does not exceed 120 days or a shorter period provided by the lease; and
    • the tenant has a primary residence to return to and such address must be expressly stated on the lease.
  2. The dwelling unit is registered with the appropriate local government, county, or state registry as a seasonal use dwelling; and
  3. The dwelling unit is not rented as a seasonal use dwelling unit for more than 120 days during each calendar year.

The problem is that local municipalities now need to create seasonal use dwelling registries or this whole law does nothing, no?