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Sprinkler Disclosure

Governor Cuomo signed a bill that requires all leases include a disclosure of the existence or 
non-existence of sprinkler systems in the leased premises. 

 The new law takes effect on 12/3/14.  

The legislation requires inclusion of the disclosure if the lease is for a property that is residential.

The legislation is only applicable to residential leases regarding the presence of sprinkler systems
 within the leased premises.

It applies to all residential leases, so a renewal would therefore have to include the notice. 

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