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Home Legal Documents Lease/Rental Agreement New York

Free New York Residential Lease/Rental Agreement

Use our New York Lease Agreement to rent out your property.

Updated November 5, 2020 | Legally reviewed by Susan Chai, Esq.

New York Rental/Lease Agreements are required by Federal law to include certain information, including:

  1. the names of both the landlord and tenant,
  2. description and address of the property,
  3. any pet limitations,
  4. information regarding health hazards,
  5. how much rent and security deposit are due,
  6. The location and date of where and when the rent is to be paid

States may differ on some key issues. For example, some states may impose less stringent security deposit laws, while others may require move-in checklists or specific utility payment arrangements.

To protect your legal and financial rights, it is important to familiarize yourself with the specificities and nuances the State of New York requires when executing a lease agreement.

Other New York Real Estate documents you might be interested in are:

  • Sublease Agreement –  Used by a tenant to rent out all or part of their rented property to a new tenant.
  • Eviction Notice – Used by a landlord to start the eviction process with a current tenant.
Table of Contents
  • New York Residential Lease Agreement Sample
  • New York Landlord and Tenant Laws

1. New York Residential Lease Agreement Sample

The sample lease agreement below describes a contract between “Landlord” Freddie Jensen and “Tenant” Bobby Kim. He agrees to rent an apartment in New York City for $1,000 per month for a fixed term. The tenant agrees to pay for all utilities and services for the Premises.

This is a good example of what provisions a simple lease agreement might contain, and how one should look in its final form.

New York Lease Agreement Sample

2. New York Landlord and Tenant Laws

New York imposes specific and distinct requirements for landlords and tenants when executing a Lease/Rental Agreement. For example, New York law provides for the following:

Security Deposit:

  1. There is no limit on the amount of a security deposit a landlord can request from tenants, so long as it is written in the lease. (No statute)
  2. A landlord must give assurances that a tenant’s deposit will not be co-mingled with a landlord’s personal assets.(N.Y. GOL §§ 7-103)
  3. If the deposit is held in an interest-bearing account, the landlord is entitled to receive the equivalent of one percent (1%) per year, in exchange for all other administrative and custodial expenses. (N.Y. GOL §7-103)

Landlord Right of Entry:

  1. A landlord need not provide notice to enter the property, although it is highly recommended they inform their tenants before entry. (No statute)

Additionally, New York law dictates:

Prohibited Lease Provisions:

  1. A lease provision will be prohibited and void where a landlord seeks to waive liability for injuries to property or persons caused by their own negligence, where a tenant’s right to a jury is waived, and when furniture is required as collateral for rent. (General Obligations Law § 5-321)

Additional Documents

Bed Bug Addendum

In an effort by the City of New York to reduce the presence of bed bugs, the landlord must notify a tenant of any previous bed bug infestation at the premises. For New York City only. (N.Y.C HMC §27–2018.1)

PDF Word

Disclosure of Lead-Based Hazards

All New York landlords of any building constructed before 1978 must notify all tenants of the potential existence of lead-based hazards. (Title 42 U.S. Code § 4852(d))

PDF

Security Deposit Notice

Deposits collected in buildings of six or more units must be held in a New York bank account, and the landlord must notify the tenant the name and address of the bank where the deposit will be held. (N.Y. GOL § 7-103)

PDF Word

Sprinkler System Notice

Every lease or rental agreement must disclose whether or not the premises has a working sprinkler system, and notify the tenant of the last date that the sprinkler system was maintained. (N.Y RPP § 231-A)

PDF Word

Window Guard Notice

Landlords of buildings with three (3) or more apartments must install and maintain window guards when the tenant has child or children under the age of ten (10) living in the leased premises. For New York City only. (N.Y.C Health Code c. 12)

PDF

New York Real Estate Documents

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Buy/Sell Real Estate

  • New York Quitclaim Deed

Create a Lease

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New York Lease Rental Agreement Form Template

Free New York Lease Agreement Form

Create Your New York Lease Agreement in Minutes!

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