New York Standard Residential Lease Agreement
A New York standard residential lease agreement is the contract that enables a landlord to rent out their residential property for a fixed term. The document ensures that the parties are bound to the lease terms, including rent payments, security deposits, utilities, and late fees. Most lease agreements are for a one-year term, though it may be set for any period of time.
New York Standard Residential Lease Agreement
A New York standard residential lease agreement is the contract that enables a landlord to rent out their residential property for a fixed term. The document ensures that the parties are bound to the lease terms, including rent payments, security deposits, utilities, and late fees. Most lease agreements are for a one-year term, though it may be set for any period of time.
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Last updated January 19th, 2024
A New York standard residential lease agreement is the contract that enables a landlord to rent out their residential property for a fixed term. The document ensures that the parties are bound to the lease terms, including rent payments, security deposits, utilities, and late fees. Most lease agreements are for a one-year term, though it may be set for any period of time.
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Rental Application – Filled out by individuals interested in a rental unit to provide their information and consent to background checks.
Required Disclosures (10)
- Allergen Hazards Disclosure (NYC Only) (PDF) – This form notifies tenants that the property owner must inspect for indoor allergen hazards yearly. [1]
- Bedbug Infestation Disclosure (NYC Only) (PDF) – Occupants must be provided a bedbug infestation disclosure. [2]
- Building Smoking Policy Disclosure (NYC Only) (PDF) – Landlords of property containing at least three units must disclose any designated smoking areas. [3]
- Certificate of Occupancy – Landlords of property with three or fewer units must disclose if they hold a valid certificate of occupancy and provide a copy along with the lease agreement. [4]
- Flood Disclosure (PDF) – Lease agreements must state whether a unit is within a floodplain and whether that unit has been damaged by natural flooding. A flood history and risk notice must also be included in the lease. [5]
- Lead-Based Paint Disclosure (PDF) – Landlords must disclose the possibility of toxic paint on the premises of property built prior to 1978. [6]
- Security Deposit Receipt (PDF) – The name and address of the banking organization where security deposits are held must be disclosed. [7]
- Sprinkler System Disclosure (PDF) – Leases must contain this notice disclosing if a sprinkler system is maintained on the property. [8]
- Stove Knob Covers Disclosure (NYC Only) (PDF) – Once a year, owners must disclose their responsibility to provide knob covers for gas stoves to tenants living with a child under six. [9]
- Window Guard Disclosure (NYC Only) (PDF) – If a tenant lives with a child aged ten or younger, this disclosure must be attached to the lease to notify them of the landlord’s responsibility to install window guards. [10]
Security Deposits
- Maximum Amount ($) – 1 month’s rent. [11]
- Returning to Tenant – 14 days. [12]