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A statute governing the rights and obligations of both parties in residential leases, replacing the Tenant Protection Law (1972).
The law applies to lease agreements signed on or after December 1, 2017, and establishes core obligations that cannot be waived or overridden by contract ("mandatory provisions"). Among other things, it requires landlords to hand over a habitable apartment, caps security deposits at a maximum of 3 months' rent, and grants tenants an option to extend the lease.
The statute is divided into chapters: definitions, apartment handover, tenancy and rights, maintenance and repairs, lease termination, and legal proceedings. Each chapter details the exact rights and duties of every party, and statutory provisions supersede any conflicting clause in a rental agreement.
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Related terms
Rental Agreement
A contract between a landlord and tenant detailing lease terms, contract duration, rent amount, and the obligations of each party.
Non-conformity
A situation where the rental unit provided to the tenant does not match the specifications written in the lease or the representations made prior to signing.
Fundamental Breach
A severe breach of the lease agreement that entitles the harmed party to terminate the contract and seek damages, such as repeated non-payment of rent or intentional property damage.
The information in this glossary is for general informational purposes only and does not constitute legal advice. In the event of a dispute or a specific legal question, consult an attorney specializing in tenancy law.