Skip to main content
DRAFT FOR ATTORNEY REVIEW — NOT FINAL

§ 7-108

Citation
§ 7-108 2.
Parent Document
N.Y. Gen. Oblig. Law § 7-108
Jurisdiction
New York (state)

Full Text

503 chars
2. (a) In circumstances where any sum of money or any other thing of
value deposited as security for the full performance by a tenant of the
terms of his lease is not turned over to a successor in interest
pursuant to section 7-105 of this chapter, the grantee or assignee of
the leased premises shall also be liable to such tenant, upon conveyance
of such leased premises, for the repayment of any such security deposit,
plus accrued interest, as to which such grantee or assignee has actual
knowledge.