FARE Act (Broker Fees)
NYC Admin. Code § 20-699.20 et seq. (Local Law 119 of 2024)
Effective June 11, 2025, the FARE Act (Local Law 119 of 2024, codifying Subchapter 15 of Chapter 4 of Title 20 of the NYC Administrative Code at §§ 20-699.20 et seq.) prohibits a landlord's agent or any agent who publishes a rental listing with the landlord's authorization from charging or collecting a broker fee from a prospective residential tenant. It requires landlords or their agents to give tenants an itemized written disclosure of all tenant-paid fees, signed before the lease is signed, and to conspicuously disclose all such fees in any published listing. DCWP enforces the law through OATH, with civil penalties and restitution for unlawfully charged fees.
Who must comply
Other DCWP regulations
DCWP Tenant Screening Rule 5-625
6 RCNY § 5-625
Tenant Screening Penalty Schedule
6 RCNY § 6-57
Fair Credit Reporting Act (FCRA)
Fair Credit Reporting Act, 15 U.S.C. § 1681 et seq.
RPL 238-a Application Fee Cap
N.Y. Real Property Law § 238-a
Fair Chance for Housing Act
N.Y.C. Admin. Code § 8-107(5)(o); Local Law 24 of 2024
Tenant Screening Report Disclosure
N.Y.C. Admin. Code §§ 20-807 to 20-811
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