What You Need To Know About The Tenant Protection Act
Did you know that the Tenant Protection Act–ostensibly intended for rental properties–has implications for coops, as well? It prohibits move-in deposits/fees and pet deposits in your cooperative, and limits your ability to request escrow deposits from potential purchasers, among other things. The implications of the law were explained by Argo’s own Diana Diaz, Esq., Director of Closing, and Richard Klein, Esq., Partner at Romer Debbas LLP at our Argo University: What You Need To Know About The Tenant Protection Act.
You can watch the full panel below, as well as revisit some of the short videos from earlier in the year for more information.
What You Need To Know About The Tenant Protection Act Full Panel
How can cooperatives protect themselves against applicant past litigation when screening new applicants?
What are some steps Coops can take to prepare for new rent regulation laws relating to fees?
What is the industry response to this Act and how has Argo taken action?