Hiring of real property: fees and charges.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Died
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill aims to increase transparency and predictability in rental housing costs by requiring landlords to clearly disclose all fees and charges, including security deposits, rent stabilization fees, and utility costs, in advertisements and rental agreements. It establishes rules for how fees are calculated and applied, particularly regarding ratio utility billing systems and optional housing services, and prohibits landlords from using certain practices like charging excessive or unexplained fees. The bill also clarifies the order in which payments are applied and establishes penalties for violations.
Key provisions
- Requires landlords to include the total cost of rent and fees in advertisements and rental agreements.
- Prohibits landlords from using ratio utility billing systems to allocate utility costs unless specific requirements are met.
- Establishes rules for optional housing services, ensuring they are clearly defined and not required for tenancy.
- Specifies how discounts on rent or fees must be disclosed in rental agreements.
- Requires landlords to apply tenant payments in a specific order (rent, debt, fees).
- Prohibits late fees if the only delinquency is related to a previously charged late fee.
- Establishes a 4-year statute of limitations for actions related to the bill's provisions.
- Provides for treble damages in cases of willful or malicious violations.
Who is affected
- Landlords
Bill text
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Sponsors
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1 on record
Primary sponsor
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