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Short-Term Illegal Sublets in New York Multifamily Buildings

Learn prevention, detection, and remedies to illegal short-term sublets in New York.

It seems like everyone is using Airbnb and other platforms to engage in short-term subleasing. The problem is that in many jurisdictions, when tenants in multifamily buildings do so, it is illegal. This creates many problems and liabilities for multifamily landlords. At the most fundamental level, there still seems to be a great deal of confusion surrounding what is and is not allowed. This material explains the law regarding short-term subletting, much of which is illegal, frequently utilizing New York City as an example, and it explains how a landlord can prevent, detect, and remedy these situations. The content is also an excellent resource for tenant lawyers because it educates people about what is and is not legal.

Runtime: 94 minutes
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

The Short Term Leasing Law - What Exactly Is Prohibited?

  • The Statutes in NYC - an Example of Where to Look in Your Jurisdiction
  • The Bottom Line - What You Can and Cannot Do
  • Rent Stabilized Tenants Have Further Prohibitions Against Short-Term Leasing
  • Do Not Confuse Short-Term Leasing With a Tenant's Right to a Roommate or to Sublet

Why Should Landlords Care If Their Tenants Are Engaging in Illegal Short Term Leasing?

  • Violations and Fines
  • Potential Liability
  • Insurance Coverage Issues
  • Inability to Refinance

Professional Operators - Not Regular Folks Engaging in the Sharing Economy and an Even Bigger Problem for Landlords and Other Tenants of the Building

Preventing Tenants From Engaging in Illegal Short-Term Leasing

  • Education of Tenants
  • Adding a Specific Lease Clause

How Can Landlords Tell If (and Prove That) Their Tenants Are Engaged in Illegal Short Term Leasing?

  • Third Party Companies
  • Cameras
  • Other Tenants and Building Personnel
  • Question the Guests
  • Public Social Media Data
  • Private Investigators Who Book the Apartment

Evicting and Enjoining Tenants for Engaging in Illegal Short Term Subleasing

  • Summary Holdover Proceedings
  • Injunctions
  • Strategies to Utilize Against Real-People-Violators vs. Professional Operators

Landlord and Tenant Law Is Evolving in the Short-Term Sublet Area - a Survey of the Law in Many Jurisdictions Nationally

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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on December 1, 2017.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Michelle Maratto Itkowitz

Michelle Maratto Itkowitz

Itkowitz PLLC

  • Owner and founder of the office of Itkowitz PLLC
  • Firm is one of the largest women-owned law firms, by revenue, in the State
  • Practice emphasizes all aspects of commercial and complex-residential land-lord and tenant law in the City of New York
  • Her core competencies include: Rent Stabilization and Rent Control, the Loft Law, SRO Law, Yellowstone injunctions, tenant buyouts, clearing buildings so that construction projects can go forward, and Rent Stabilization Due Diligence
  • Very experienced in general commercial litigation
  • Conducts regular seminars and workshops on numerous areas of commercial and complex-residential landlord and tenant law in the City of New York
  • Author of several publications related to the areas of the area of commercial and complex-residential landlord and tenant law in the City of New York
  • Awarded its NYS Women Business Enterprise Certification by the Empire State Development Corp
  • J.D. degree, Brooklyn Law School; B.A. degree in political science, Union
  • She is admitted to practice in New York State and the United States District Court for the Southern District of New York
  • Can be contacted at [email protected], (646) 822-1805, on Twitter® @m_maratto or www.itkowitz.com (website)
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Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 401291
Published 2017
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