In May 2019, the association of state franchise regulators (known as the North American Securities Administrators Association, or NASAA), issued new rules, effective January 2020, which require franchisors to provide additional written warnings to people considering buying a franchise.
The New York State Legislature in June enacted tenant protection legislation, titled The Housing Stability and Tenant Protection Act of 2019, that significantly changes New York’s rent laws and impacts the City’s many cooperatives and condominiums.