New York Landlord-Tenant Law: 2026 Guide

New York landlord-tenant law in plain English

Navigating landlord-tenant laws in New York requires careful attention to specific regulations designed to protect both parties. For landlords, understanding these rules is crucial for compliance and fostering positive tenant relationships. One key area involves security deposits, where New York law dictates a strict maximum of one month's rent. This cap ensures tenants are not burdened with excessive upfront costs, while landlords still have a reasonable safeguard for potential damages or unpaid rent. Upon a tenant's departure, landlords are required to return the security deposit within a 14-day window, a timeframe that must be meticulously observed to avoid legal issues. Late fees for rent payments are also regulated. Landlords can only impose a late fee after rent is overdue by 5 days. Furthermore, any late fee charged cannot exceed $50 or 5% of the monthly rent, whichever amount is less. This provision aims to provide a grace period for tenants and prevent disproportionately high penalties. When it comes to ending a month-to-month tenancy, landlords must provide notice ranging from 30 to 90 days, depending on the length of tenancy or other specific circumstances not detailed in the provided facts. Always verify these guidelines with the linked statute or a local attorney before taking any action.