{"data":{"id":"us-nyc/n.y.c.-admin.-code-26-2403","jurisdiction":"us-nyc","citation":"N.Y.C. Admin. Code § 26-2403","heading":"§ 26-2403 Owner filing requirements.","body":"Within 90 days after the execution of a buyout agreement for a dwelling unit, the owner of such unit must electronically provide the following to the department in a manner prescribed by the commissioner of the department:\n\n1. The name of the owner;\n\n2. The address of the dwelling unit that is the subject of the buyout agreement;\n\n3. The amount of money or, if applicable, a description of other valuable consideration agreed upon in the buyout agreement. If such other valuable consideration included the dismissal of a pending action or proceeding, the caption, index number and county in which the pending action or proceeding was venued;\n\n4. The date that the buyout agreement was executed; and\n\n5. The amount of time, in months, remaining in the lease for the subject dwelling unit, provided that a tenant with a legal right to a lease renewal pursuant to state law shall be indicated as having an unlimited number of months remaining.\n\n(L.L. 2019/102, 6/8/2019, eff. 7/1/2020)","path":["New York City Administrative Code","Title 26","Chapter 24: Buyout Agreement Filing Requirements"],"source_url":"https://files.amlegal.com/pdffiles/NewYorkCity/Admin/XML.zip","current_through":"Local Law 2026/135 (enacted August 31, 2026)","vintage":"","retrieved_at":"2026-09-06T02:48:57Z","sha256":"c33ce27a3d86d7bd4e270ff5ae8739cbed7ecbe0b8d2c70c83535105b0c77816","source_id":"us-nyc","stale":false,"prev":"us-nyc/n.y.c.-admin.-code-26-2402","next":"us-nyc/n.y.c.-admin.-code-26-2404"},"notice":"GroundRules: Original legal text. Not legal advice."}
