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New York Residential Lease Agreement

This Residential Lease Agreement ("Agreement") is made and entered into on this ______ day of ______________, 20____, by and between:

Landlord: ______________________________________________ (hereinafter referred to as "Landlord")

Tenant: ______________________________________________ (hereinafter referred to as "Tenant")

Property Address: ________________________________________________

City: ________________________ State: NY Zip: __________________

This Lease Agreement is governed by the laws of the state of New York.

1. Lease Term: The term of this Lease shall commence on ____________ (start date) and shall terminate on __________ (end date). This is a fixed-term lease.

2. Rent:

  • The total rent for the lease term is $_______________.
  • Rent is due on the _____ day of each month.
  • Payment shall be made by check, money order, or as otherwise agreed upon in writing.

3. Security Deposit:

  • A security deposit of $_______________ shall be paid prior to move-in.
  • This deposit will be held by the Landlord and will be refunded upon lease termination, subject to property condition.

4. Utilities: Tenant is responsible for the following utilities:

  • Electricity
  • Gas
  • Water/Sewage

5. Maintenance and Repairs:

  • The Tenant shall keep the premises in clean, sanitary condition.
  • The Landlord is responsible for major repairs, not due to Tenant negligence.

6. Alterations: The Tenant shall not make any alterations to the premises without written consent from the Landlord.

7. Termination: Either party may terminate this Lease in accordance with New York state laws.

8. Governing Law: This Agreement shall be construed in accordance with the laws of the state of New York.

IN WITNESS WHEREOF, the parties hereto have executed this Residential Lease Agreement as of the day and year first above written.

Landlord Signature: _______________________ Date: ____________

Tenant Signature: ________________________ Date: ____________

Common mistakes

When completing the New York Residential Lease Agreement form, many individuals overlook critical details that can lead to misunderstandings or legal issues. One common mistake is failing to include all required tenant and landlord information. Both parties must provide their full names and contact information. Incomplete or incorrect details can create confusion and complicate communication.

Another frequent error is neglecting to specify the lease term. It is essential to clearly state the start and end dates of the lease. Without this information, both parties may have differing expectations about the duration of the rental agreement, which can lead to disputes later on.

Many people also forget to outline the rent payment terms. This includes the amount due, the due date, and acceptable payment methods. If these terms are not clearly defined, tenants may miss payments, and landlords might face difficulties in collecting rent.

Additionally, some individuals do not address the issue of security deposits adequately. The lease should specify the amount of the deposit, the conditions for its return, and any deductions that may be made. Failing to include this information can lead to disagreements when the tenant moves out.

Lastly, neglecting to review the entire document before signing is a mistake that can have serious consequences. It is crucial to read through the lease carefully to ensure that all terms are understood and agreed upon. This step can help prevent future conflicts and misunderstandings between tenants and landlords.

Dos and Don'ts

When filling out the New York Residential Lease Agreement form, it’s important to be thorough and accurate. Here are some guidelines to help you navigate the process effectively.

  • Do read the entire lease agreement carefully before filling it out. Understanding all terms is crucial.
  • Do provide accurate personal information. Ensure your name, address, and contact details are correct.
  • Do clarify any unclear terms with the landlord or property manager. Don’t hesitate to ask questions.
  • Do sign and date the lease only after you have filled it out completely and reviewed it.
  • Don’t leave any blank spaces. Fill in all required fields to avoid confusion later.
  • Don’t rush through the process. Take your time to ensure everything is accurate and complete.

Similar forms

  • Rental Agreement: Similar to a Residential Lease Agreement, this document outlines the terms under which a property is rented. Both specify rental amounts, duration, and responsibilities of the landlord and tenant.
  • Commercial Lease Agreement: This document is used for leasing commercial property. Like the Residential Lease Agreement, it details terms and conditions but focuses on business use rather than residential.
  • Sublease Agreement: A sublease agreement allows a tenant to lease their rented property to another party. It shares similarities with the Residential Lease Agreement in terms of outlining rental terms and responsibilities.
  • Month-to-Month Lease Agreement: This type of lease provides flexibility with no fixed end date. It is similar to a Residential Lease Agreement but allows for shorter notice periods for termination.
  • Roommate Agreement: This document establishes the terms between roommates sharing a rental property. It parallels the Residential Lease Agreement by detailing shared responsibilities and financial obligations.
  • Lease Option Agreement: This agreement gives a tenant the option to purchase the property at a later date. While it includes lease terms similar to a Residential Lease Agreement, it also outlines the conditions for purchasing the property.
  • Property Management Agreement: This document outlines the relationship between a property owner and a management company. It is similar in that it establishes terms and responsibilities, although it focuses on management rather than tenant occupancy.