New York Rental Fees & Regulations

Key rental payment and fee regulations in New York that affect how property management companies handle rent collection, delinquency, and compliance.

This page provides a factual, reference-style overview of key rental fee and payment-related regulations in New York. It is designed to help property owners, operators, and industry professionals quickly understand how New York approaches common rental fees, nonpayment, and eviction timelines.

‍

Nonsufficient Funds (NSFs) Fee Regulations in New York

The table below summarizes common rental fee types and whether New York law places limits or disclosure requirements on them.

Fee Type	Disclosure Requirement	Maximum Fee Allowed
Nonsufficient funds (NSF) fee	Lease disclosure recommended	$20

Source: N.Y. Gen. Oblig. Law § 5-328(3)

‍

Nonpayment, Late Fees, and Eviction Timelines in New York

This table outlines how New York law treats rent nonpayment, late fees, and the eviction process.

Required Grace Period	Late Fee Regulations	Written Notice Required	Time to Correct or Vacate
5 days	5% of the monthly rent or $50, whichever is less	Yes	14 days

Source: NYC Tenants Bill of Rights & RPAPL 735

‍

Maximum Allowable Rental-Related Fees in New York

The following table summarizes maximum limits for other common rental-related charges.

Fee Category	Maximum Allowed
Security deposit	One month's rent
Junk fees	Application/screening: Landlords may not demand any payment or fee for processing an application other than background/credit checks. Application/screening fee must be the lesser of actual cost or $20, and landlord must give applicant a copy of the report and invoice. Fee must be waived if the applicant provides a recent report (≤30 days). Convenience/processing: No statewide ban on convenience fees, but NY law is hostile to non-transparent rent add-ons; such fees must be disclosed and consistent with rent-regulation/UDAP regimes. Other non-rent fees: Late fees are capped at $50 or 5% of monthly rent, whichever is less, and cannot be charged until rent is at least five days late. Other junk fees can be attacked under consumer and rent-regulation law.

Source: §§7-103 – 7-109 & S363A/A6663A

‍

Legal Disclaimer

The information provided on this page is for general informational purposes only and is not legal advice. It summarizes rental payment, fee, and eviction-related regulations based on publicly available sources and may not reflect the most current legal developments or the specific circumstances of your property. This content does not create an attorney-client relationship between you and Domuso. Domuso makes no representations or warranties regarding the accuracy, completeness, or applicability of the information for any particular situation. Laws and regulations vary by jurisdiction and may change over time. You are solely responsible for ensuring compliance with all applicable federal, state, and local laws and should consult a qualified legal professional for guidance specific to your property or location. Domuso disclaims any liability for actions taken or not taken based on the information provided on this page.

‍Last updated: January 2026

SHARE

New York Rental Fees & Regulations

Nonsufficient Funds (NSFs) Fee Regulations in New York

Nonpayment, Late Fees, and Eviction Timelines in New York

Maximum Allowable Rental-Related Fees in New York

Legal Disclaimer

Leading multifamily organizations trust Domuso.