New York’s Premier Intelligent Lease Management and Compliance Platform for the Housing Stability and Tenant Protection Act (HSTPA)

FEATURES

Email and SMS text reminders before non-renewal and rent increase deadline.

Deadlines calculated based on length of lease.

Email and SMS text reminder of tenant walkthrough obligations.

Ability to add 2 additional people (brokers/ property managers to receive notices)

Information on how to comply with return of the security deposit.

RENTING RESIDENTIAL PROPERTY IN NEW YORK IS NO LONGER AS SIMPLE AS FILLING OUT A LEASE AND COLLECTING RENT 

As a result of the Housing Stability and Tenant Protection Act passed in the Summer of 2019 there are a lot more requirements for property owners.

Political Conditions are changing, making the stakes higher, and completing a basic form of lease simply will not protect the landlord from the downsides that can affect the ability to sell or re-rent the property.

RESIDENTIAL LANDLORDS ARE NOT EQUIPPED TO COMPLY WITH THE REQUIREMENTS OF THE LAW

Failing to comply with the law could mean that the Landlord cannot:

Force the tenant to vacate on time.

Prove damages and be forced to pay for repairs out of pocket.

Increase rent by the desired amount.

Avoid penalties for failing to return the security deposit on time.

THE LAW NOW REQUIRES THAT LANDLORDS