New York 2023-2024 Regular Session

New York Senate Bill S01335 Latest Draft

Bill / Introduced Version Filed 01/11/2023

   
  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