NYC Administrative Code

§ 17-158 — Department to retain moneys until twelve days after notice.

Brooklyn since 2014All five boroughsSame-day response during business hours

What is NYC AC § 17-158?

Quick Answer

This section outlines the procedure for the retention of moneys by the department until twelve days after notice is provided to the relevant parties regarding payment. If no suit is initiated within that timeframe, the funds are to be paid to the commissioner of finance. Applies to parties involved in the collection of rent or compensation.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

Michael Nacmias - Founding PartnerMichael Sargo - Partner
From the team atNacmias Law Firm, PLLCBrooklyn-based attorneys representingproperty owners across all five boroughsMeet the team →

§ 17-158 Department to retain moneys until twelve days after notice.

AC § 17-158

The department shall retain money so paid until twelve days after it shall be made to appear to it or some proper officer thereof, by satisfactory affidavit, that the party or parties, or his, her or their agent for the collection of any such rent or compensation, who, but for the provisions hereof would have been entitled to receive the same, has had written notice of such payment being made; and if at the end of such twelve days such party or parties, so notified, have not instituted suit to recover such money, then it shall, by the department be paid to the commissioner of finance.

Common Questions

Our team

Meet the people you will work with

Free case review

Talk to an attorney before you act on NYC code.

Free 15-minute case review with the attorney handling your matter. Same-day response during business hours across all five boroughs — OATH hearings, Housing Court, and real estate closings.

Or email us

[email protected]

An attorney reads every message.

  • Same-day response

    During business hours

  • Direct attorney access

    Same lawyer from intake to close

  • Flat-fee pricing

    On most OATH and closing matters