New York Rental Rights

New York Rental Rights

New York is a heavily populated state and New York City has some of the highest rents in the world. When tenants pay such high rent, it is vital that they are aware of all the New York rental rights that might benefit them during a renting experience. Though it might be difficult to go through a long and difficult to understand law statutes hand book, it will be very easy for a New Yorker to read up on the most important New York rental rights given in the passage below. The New York rental rights mentioned below will apply to New York City in particular.

Leases – New York rental rights – New York rental rights will allow a tenant to enter into a lease that will run for one or two years at a time. New York rental rights will also allow the tenant to receive a 120 day notice from the landlord if the landlord is not willing to renew the lease.

Rights of older tenants – New York rental rights – Older citizens or senior citizens above the age of 62 will find that New York rental rights are very favorable towards them. For example, a senior citizen may terminate a lease and move out of an apartment at any time if they can show proof that they need to be transferred to a old age home or assisted living facility. The landlord cannot seek rent even if the senior citizen has terminated the lease prematurely.

Security deposit – New York rental rights – New York rental rights will limit the amount of security deposit that can be charged to a maximum of one month’s rent. New York City is notorious for landlords who seek very high security deposits and it is very important that tenants are very well aware of New York rental rights that apply to security deposit. It is also illegal for a landlord to deduct from the security deposit to cover for expenses to pay for normal wear and tear such as faded paint or carpets.

Subletting – New York rental rights – Subletting is a big NO in most states although New York has some different rules to accommodate the thriving population in the city and state. New York rental rights will allow a tenant to sublet the apartment although they will have to get the consent of their landlord. The validity of these particular New York rental rights will also depend on whether or not the tenant lives in an apartment complex with at least 4 units. If there are 4 or more units, the tenant may approach the landlord to seek permission for subletting.

Family members – New York rental rights – New York rental rights will allow the tenant to allow immediate family members to stay with him or her in the rented property. It will also allow one additional member to stay in the rented property. However, these New York rental rights will have to be preceded with 30 day notice to the landlord in order for them to be valid and legal.

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