
Rent Collection & Security Deposits
Legal Strategies to Protect Your Investment
In New York City’s complex landlord-tenant landscape, ensuring timely rent collection and properly managing security deposits are essential to protecting your financial interests as a property owner or manager. At [Your Firm Name], we help landlords enforce their rights and responsibilities under the law while avoiding costly missteps that can lead to legal disputes or penalties.
Our Services
We offer comprehensive legal support for:
Rent Collection
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Drafting enforceable rent payment clauses in lease agreements
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Legal notices for late or missed payments
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Navigating non-payment eviction proceedings
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Negotiating payment plans and Stipulations of Settlement
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Securing judgments for unpaid rent and use & occupancy
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Enforcing money judgments post-eviction
Security Deposits
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Advising on legal limits and deposit amounts based on rent
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Ensuring compliance with New York’s General Obligations Law on deposit handling
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Preparing written disclosures on the financial institution and account where the deposit is held
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Guidance on timely return of deposits with itemized deductions
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Resolving disputes over alleged damages or withheld funds
Why Legal Guidance Matters
New York landlords face stringent regulations when it comes to handling rent and deposits. Violations can lead to:
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Loss of legal leverage in eviction cases
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Penalties for improper handling of security deposits
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Tenant counterclaims for damages or rent overcharges
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Delays in recovering owed rent
Our attorneys ensure your practices are legally compliant, fair, and enforceable—minimizing liability and maximizing your ability to protect your property.
Security Deposit Compliance: Know the Rules
Effective legal handling of security deposits includes:
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Separate account in a New York bank
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No comingling with personal or business funds
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Annual interest (for buildings with six or more units)
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Timely itemized statement within 14 days of lease termination
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Compliance with recent reforms to tenant protection laws
We assist landlords in aligning with these obligations and responding to tenant inquiries with clarity and legal backing.
Good Cause Eviction: How It Affects Rent Disputes
If your property is subject to Good Cause Eviction provisions, your right to remove a tenant for non-payment or impose significant rent increases may be limited. Our team will:
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Review lease language for compliance
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Identify when rent increase caps apply
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Help establish “good cause” under applicable regulations
Who We Serve
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Landlords and property managers in NYC and surrounding boroughs
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Owners of rent-stabilized, market-rate, or subsidized housing
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Landlords navigating court actions for rent recovery
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Investors seeking legal security for rental income
Backlinks:
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Non-Payment Cases
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Lease Disputes
Related Resources and FAQs
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Blog: “Can I Keep a Tenant’s Security Deposit? What the Law Says”
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Guide: “The Rent Collection Checklist Every NYC Landlord Should Know”
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FAQ: “How Long Do I Have to Return a Security Deposit?”
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Link to Contact Us for legal consultation
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Internal references to case-specific pages in the Resources & FAQs section
Let Us Help You Protect Your Property
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Our landlord-focused legal services are designed to help you stay compliant, enforce your lease terms, and secure your rental income—all while reducing the risk of tenant disputes and financial loss.
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Book a consultation today. Contact Us