STATEWIDE PROTECTIONS-TENANTS

Summary

The bill caps security deposits at one month’s rent, limits application fees to $20, and restricts late‑fee charges to $50 or 5% of rent after a five‑day grace period. It applies to most residential landlords, with exceptions for seasonal units, owner‑occupied co‑ops and certain senior‑care communities. The Attorney General is authorized to enforce the standards and violations are treated as consumer fraud.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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