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Effective Oct. 16, 2025, a new provision of New York’s Real Property Law (RPL) prohibits residential landlords from charging tenants a fee for a dishonored rent check in excess of the actual costs or fees incurred by the landlord as a result of the check being dishonored for insufficient funds.
These reports provide insight into the economic pressures facing both tenants and property owners and are key to understanding the rationale behind proposed rent adjustments. We highlight the findings.