Bill Text: NY S01335 | 2023-2024 | General Assembly | Introduced

New York Senate Bill 1335

Introduced

Bill Title: Requires residential leases to include information on prior flood damage due to a natural flood event, such as heavy rainfall, coastal storm surge, tidal inundation, or river overflow, that the lessor knows or reasonable should know has occurred to such premises and the nature of any such damage.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2023-02-14 - SUBSTITUTED BY A631 [S01335 Detail]

Download: New_York-2023-S01335-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                          1335

                               2023-2024 Regular Sessions

                    IN SENATE

                                    January 11, 2023
                                       ___________

        Introduced  by Sen. HOYLMAN-SIGAL -- read twice and ordered printed, and
          when printed to be committed to the Committee on Rules

        AN ACT to amend the real property law, in relation to requiring residen-
          tial leases to include information on prior flood damage

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section 1. Paragraph (d) of subdivision 1 of section 231-b of the real
     2  property  law,  as  added  by a chapter of the laws of 2022 amending the
     3  real property  law  relating  to  requiring  disclosure  of  information
     4  concerning  flood insurance on residential leases, as proposed in legis-
     5  lative bills numbers S. 5472-A and A. 7876-A,  is  amended  to  read  as
     6  follows:
     7    (d)  [whether  the  leased  premises  has experienced] any prior flood
     8  damage to the leased premises due to a  natural  flood  event,  such  as
     9  heavy   rainfall,  coastal  storm  surge,  tidal  inundation,  or  river
    10  overflow, that the lessor knows or reasonably should know  has  occurred
    11  to such premises and the nature of any such damage.
    12    §  2.  This  act  shall  take  effect on the same date and in the same
    13  manner as a chapter of the laws of 2022 amending the real  property  law
    14  relating  to requiring disclosure of information concerning flood insur-
    15  ance on residential leases, as proposed in legislative bills numbers  S.
    16  5472-A and A. 7876-A, takes effect.




         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03958-01-3