THE BUSINESS OF REAL ESTATE

NY landlord resources

Lease preparation education in New York

Review the lease documents and local requirements with a qualified attorney.

Dataset review pending. These supplied references have not been independently verified. Educational information only, not legal, tax or financial advice.

Calvin Cannon Jr. at his desk with a Philadelphia board behind him
Calvin Cannon Jr., The Business of Real Estate. Coaching photograph, not a property in New York.

New York: Security deposits

General Obligations Law §7-108(1-a)(a): no deposit or advance may exceed one month's rent. Cap does not apply to rent-regulated units and certain exceptions.

GOL §7-103: deposits held in trust, not commingled. Buildings with six or more units must place the deposit in a NY interest-bearing account; interest (less up to 1% admin fee) belongs to the tenant.

The uploaded dataset lists a deposit-return period of 14 days. Review the cited rule for the applicable conditions and timing.

New York: Lease disclosures and receipts

Lead-based paint (federal, pre-1978 housing)

Sprinkler system notice (NY Real Property Law §231-b)

Real Property Law §235-e: landlord must give a written receipt when rent is paid in cash or any form other than the tenant's personal check.

Sources supplied for New York

Dates below are verification dates claimed in the uploaded dataset, not a new review by Calvin's team.

Offices listed in the dataset

Landlord education in New York