Save Yourself Time and Money
Review/Revise and Negotiate Your Lease

I have seen many apartment rental problems in New York City real estate. One that keeps coming to the forefront and ending up in court is lease issues. Not fully understanding lease terms can create legal issues for rent overcharges, non-payments, eviction, and Air BnB violation cases among others. It is critical that before signing a lease agreement you are fully aware of the terms and conditions set forth therein. I believe that hiring an attorney to review or draft a lease will offset thousands of dollars of future problems. However, I have given a few basics tip to help you on having a good rental.

Before you sign a lease!

Visit the Apartment. Believe it or not, many apartments are rented site unseen. It is important that you take the time to look at the premises and the neighborhood you are moving into before signing a lease agreement.

Check out the Conditions

Take a look at all appliances, lighting, plumbing, heat/AC, window guards, windows, floors, walls, electric plugs and switches, signs of vermin or bug infestation, odors emanating from neighbors and noise.

Also take a look at the common areas and make sure that they are clean and safe. Identify where the trash is kept and how it is maintained.Furthermore take pictures and make a list of anything that is a problem. Give this list to your landlord and have the repairs made before moving in.

Read all paperwork associated with the rental Read and fully understand the terms and conditions of the lease. Also it is essential that you also read any and all associated documents including riders, condo or co-op agreements, additional agreements.

If there are conditions you don’t understand discuss them with your lawyer, landlord. managing agent or realtor before signing.

Leases Should Contain the Following Provisions

Identify the apartment location and use Length of lease

Rent amount and terms

Security deposit amount and terms

Warranty of Habitability

Care of Apartment: maintenance, repairs and alterations

Objectionable conduct

Services and facilities

Entry into apartment

Assignment and Sublet Default provisions

Remedies Fees and Expenses

Property loss, damage, fire Insurance

Renewal options

Typical problems to look for in a lease:

Legal fee provisions

Access provisions

Late fee provisions

Automatic renewal provisions

Rental amount (check with DHCR to make sure it is the “legal rent”)