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New York Consolidated Laws, Personal Property Law - PEP § 347. Liability of assignees

Current as of January 01, 2026 | Updated by Findlaw Staff

Except where the assignment is involuntary or as otherwise specifically provided in this article, any civil action for a violation of this article which may be brought against a lessor may be maintained against any subsequent assignee of the lessor only if the violation for which the action or proceeding is brought is apparent on the face of the lease application or the retail lease agreement.  For purposes of this section, a violation is apparent on the face of these documents if:

1. The agreement contains a disclosure which can be determined to be incomplete or inaccurate from the face of the agreement or other documents assigned;  or

2. The agreement or application either contains a prohibited provision or does not contain the notices, legend or items required by this article.

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Cite this article: FindLaw.com - New York Consolidated Laws, Personal Property Law - PEP § 347. Liability of assignees - last updated January 01, 2026 | https://codes.findlaw.com/ny/personal-property-law/pep-sect-347/

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