N.Y. Real Property Law § 339-kk: Rents

§ 339-kk. Rents. (a) For the purposes of this section, "non-occupying

owner" shall mean a unit owner in a condominium association who does not

occupy the dwelling unit.

(b) If a non-occupying owner rents any dwelling unit to a rental

tenant and then fails to make payments due for common charges,

assessments or late fees for such unit within sixty days of the

expiration of any grace period after they are due, upon notice in

accordance with subdivision (c) of this section, all rental payments

from the tenant shall be directly payable to the condominium

association.

(c) If the common charges, assessments or late fees due for any unit

have not been paid in full, within sixty days after the expiration of

any grace period of the earliest due date, the board of managers shall

provide written notice to the tenant and the non-occupying owner

providing that, commencing immediately and until such time as all

payments for common charges, assessments or late fees are made current,

all rental payments due subsequent to the issuance of such notice are to

be made payable to the condominium association at the address listed on

the notice. Where a majority of the board of managers has been elected

by and from among the unit owners who are in occupancy, the board may

elect not to require that rental payments be made payable to the

condominium association. At such time as payments for common charges,

assessments and late fees from the non-occupying owner are once again

current, notice of such fact shall be given within three business days

to the rental tenant and non-occupying owner. Thereafter all rental

payments shall be made payable to the non-occupying owner or a

designated agent. A non-occupying owner who disputes the association's

claim to rental payments pursuant to this section shall be entitled to

present facts supporting such owner's position at the next scheduled

meeting of the board of managers, which must be held within thirty days

of the date that such board receives notice that such owner seeks to

dispute such claim.

(d) Nothing in this section shall limit any rights of unit owners or

of the board of managers existing under any other law or agreement.

(e) Payment by a rental tenant to the condominium association made in

connection with this section shall relieve that rental tenant from the

obligation to pay such rent to the non-occupying owner and shall be an

absolute defense in any non-payment proceeding commenced by such

non-occupying owner against such tenant for such rent.