NY S03051 | 2011-2012 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 7 2011 - 25% progression, died in committee
Action: 2011-02-07 - REFERRED TO JUDICIARY
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Provides for the licensing of individuals and companies engaged in the business of residential realty management; imposes a one hundred fifty dollar annual registration fee; further imposes on every residential real property owner a fiduciary responsibility for all funds received or collected on behalf of the owner and tenants of multiple dwellings; grants secretary of state authority to revoke or suspend a license of a residential real property manager; provides for judicial review under an article 78 proceeding for denial, revocation or suspension of such license; directs attorney general to prosecute any criminal actions for violations; sets forth license requirements, fees, penalties for violations and related matters.

Tracking Information

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Title

Provides for the licensing of individuals and companies engaged in the business of residential realty management; imposes a one hundred fifty dollar annual registration fee; further imposes on every residential real property owner a fiduciary responsibility for all funds received or collected on behalf of the owner and tenants of multiple dwellings; grants secretary of state authority to revoke or suspend a license of a residential real property manager; provides for judicial review under an article 78 proceeding for denial, revocation or suspension of such license; directs attorney general to prosecute any criminal actions for violations; sets forth license requirements, fees, penalties for violations and related matters.

Sponsors


History

DateChamberAction
2011-02-07SenateREFERRED TO JUDICIARY

Same As/Similar To

A02582 (Same As) 2012-01-04 - referred to judiciary

New York State Sources


Bill Comments

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