Limits the time landlords have to process applications

This bill, A 5396 (Right to Timely Rental Applications Act), requires landlords to notify rental applicants of their decision within seven days of receiving a completed application or deposit. If landlords fail to respond within this timeframe, the application is automatically deemed rejected, and the rejection applies to all co-applicants. Landlords must also refund any application fees within 14 days of rejection. The law applies to all residential rental applications and takes effect 90 days after enactment.