Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2026 | Updated by Findlaw Staff
After a lessee has been in default for ten days solely by reason of his or her failure to make timely rental payments, the holder of any retail lease agreement shall mail or personally deliver to the lessee at his or her last known address a written notice conspicuously setting forth the right of the lessee to reinstate the agreement, the dollar amount necessary to reinstate the agreement and the name, address and telephone number of the holder from which information may be obtained regarding such reinstatement. No notice of reinstatement need be given if:
1. The holder does not declare the lessee to be in default under the agreement because of his or her failure to make timely rental payments; or
2. The lessee previously was afforded the opportunity to reinstate the agreement.
Cite this article: FindLaw.com - New York Consolidated Laws, Personal Property Law - PEP § 339. Notice of lessee's reinstatement rights - last updated January 01, 2026 | https://codes.findlaw.com/ny/personal-property-law/pep-sect-339/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)