N.Y.
Real Property Law Section 447-E
Penalties
1.
Any booking service which collects a fee related to booking a unit as a short-term rental where such unit is not registered in accordance with this article shall be fined in accordance with subdivisions four and five of this section. The secretary of state or their designee may also seek an injunction from a court of competent jurisdiction prohibiting the collection of any fees relating to the offering or renting of the unit as a short-term residential rental.2.
Any person who offers a short-term residential rental unit without registering with the department of state, or any person who offers an eligible short-term residential rental unit as a short-term rental while the unit’s registration on the short-term residential rental unit registry is suspended, shall be fined in accordance with subdivisions four and five of this section.3.
Any person who fails to comply with any notice of violation or other order issued pursuant to this article by the department of state for a violation of any provision of this article shall be fined in accordance with subdivisions four and five of this section.4.
A short-term rental host that violates the requirements of this article shall receive a warning notice issued, without penalty, by the department of state upon the first and second violation. The warning notice shall detail actions to be taken to cure the violation. For a third violation a fine up to two hundred dollars shall be imposed. For each subsequent violation, a fine of up to five hundred dollars per day shall be imposed. Upon the issuance of a violation, a seven-day period to cure the violation shall be granted. During such cure period, no further fines shall be accumulated against the short-term rental host, except where a new violation is related to a different short-term rental unit.5.
A booking service that violates the requirements of this article shall be issued a fine of up to five hundred dollars per day, per violation, until such violation is cured.6.
In a municipality that has its own registration system, the municipality may establish and effectuate its own penalty system. * NB Effective April 20, 2025
Source:
Section 447-E — Penalties, https://www.nysenate.gov/legislation/laws/RPP/447-E (updated Dec. 27, 2024; accessed Jan. 4, 2025).
