N.Y.C. Admin. Code § 22-1403: § 22-1403 Penalties.
Where this section sits in the code
- New York City Administrative Code
- Title 22
- Chapter 14: Disclosure of Market Value in Unsolicited Offers to Purchase Residential Property
a. Violations of this section may be adjudicated in a proceeding before the office of administrative trials and hearings pursuant to chapter 45-A of the charter and may be adjudicated by any division or tribunal designated by such office.
b. Any purchaser who violates any provision of this chapter or any rule promulgated thereunder is liable for a civil penalty of not more than $500 for a first violation and not more than $1,000 for a second or subsequent violation.
c. Each offer that violates any provision of this chapter or any rule promulgated thereunder constitutes a separate violation.
d. Where more than 1 offer that violates any provision of this chapter is submitted to the same owner or to such owner’s agent, each such submission shall constitute a separate violation.
(L.L. 2025/025, 3/15/2025, eff. 7/13/2025)
Collected 2026-09-06T02:48:57Z. Source file · JSON