As used in this chapter, the term "duty to mitigate damages" means the duty of a landlord to mitigate damages pursuant to section 227-e of the real property law.
(L.L. 2021/169, 12/24/2021, eff. 6/22/2022; Renumbered L.L. 2023/030, 2/21/2023, eff. 10/19/2023)
Editor's note: For related unconsolidated provisions, see Appendix A at L.L. 2021/169.
Where a landlord has a duty to mitigate damages, such landlord may not recover from a tenant any amount in excess of the fair market cost necessary to prepare the physical conditions of the premises for rental. In seeking such amount from a tenant, such landlord must provide an itemized list to such tenant demonstrating the calculation of such amount.
(L.L. 2021/169, 12/24/2021, eff. 6/22/2022; Renumbered L.L. 2023/030, 2/21/2023, eff. 10/19/2023)
Editor's note: For related unconsolidated provisions, see Appendix A at L.L. 2021/169.