The Housing Stability and Tenant Protection act of 2019 became effective on June 14, 2019. All leases signed thereafter are subject the Act. We have been reviewing the Act with the attorneys that author several of the lease forms and hope to have them available at blumberglegalforms.com by mid to late August and printed forms about two weeks later.

For Security Deposit provisions we are considering making the following:

If Landlord withholds the Deposit or any portion, Landlord shall provide Tenant with both an itemized statement indicating the basis for any amount of the deposit retained as well as any remaining portion of the deposit to the Tenant, within 14 days after Tenant has vacated the Apartment.  If Landlord fails to provide Tenant with this statement and any remaining deposit within the 14 days, Landlord shall forfeit any right to retain any portion of the deposit.

For the Default provisions notices we are considering adding the following provision:

Failure to pay rent or added rent on time, 5 days, provided that Landlord has given Tenant a written demand of rent owed with at least 14 days notice.

Any comments  or suggestions would be appreciated at [email protected]

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