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New York Residential Lease Agreement

This Residential Lease Agreement (“Agreement”) is entered into as of by and between , the Landlord ("Landlord"), and , the Tenant ("Tenant"). This Agreement is governed by the laws of the State of New York.

1. Property Description: The Landlord agrees to rent to the Tenant the residential property located at , hereinafter referred to as the "Premises".

2. Lease Term: The lease will commence on and will end on .

3. Rent: The Tenant agrees to pay rent in the amount of per month, payable on the first day of each month. Rent shall be paid to .

4. Security Deposit: A security deposit of shall be due at the time of signing this Agreement. This deposit shall be held in accordance with New York state laws.

5. Utilities: The Tenant is responsible for the payment of the following utilities:

  • Electricity
  • Gas
  • Water
  • Internet

6. Use of Premises: The Premises shall be used solely for residential purposes and shall not be used for any illegal activities.

7. Pets: Pets are on the Premises. If pets are allowed, an additional pet deposit of is required.

8. Maintenance and Repairs: The Tenant agrees to keep the Premises clean and in good condition. Any required repairs should be reported to the Landlord promptly.

9. Termination: At the end of the lease term, the Tenant shall vacate the Premises and return all keys to the Landlord. Early termination of this Agreement must be done in accordance with New York state laws.

10. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

______________________________
Landlord Signature: ____________________________

______________________________
Tenant Signature: _______________________________

Form Data

Fact Name Details
Governing Law The New York Residential Lease Agreement is governed by the laws of New York State.
Parties Involved The agreement involves a landlord (lessor) and a tenant (lessee).
Property Description The lease must clearly describe the rental property, including the address and type of dwelling.
Lease Term The duration of the lease is specified, which can be a fixed term or month-to-month.
Rent Amount The agreement outlines the monthly rent amount and the due date for payment.
Security Deposit A security deposit is usually required, and the terms regarding its return must be included.
Utilities and Services The lease should specify which utilities and services are included in the rent and which are the tenant's responsibility.

New York Residential Lease Agreement - Usage Guidelines

Filling out a New York Residential Lease Agreement can seem daunting, but taking it step by step makes the process much more manageable. This form is crucial for defining the terms of the rental arrangement between a landlord and a tenant. Once completed, both parties will have a clear understanding of their rights and responsibilities.

  1. Begin by entering the date at the top of the form. This is the date when the lease agreement will take effect.
  2. Fill in the names of all tenants who will be living in the rental property. Ensure that the names are spelled correctly.
  3. Next, provide the landlord's name and contact information. This should include a phone number and email address for easy communication.
  4. Specify the address of the rental property. Include the street address, city, state, and zip code.
  5. Indicate the lease term. This could be a fixed term (e.g., one year) or month-to-month. Clearly state the start and end dates if applicable.
  6. Enter the monthly rent amount. Be sure to specify the currency, typically in U.S. dollars.
  7. Outline the security deposit amount. This is usually equal to one month's rent, but confirm the specific amount required.
  8. Detail any additional fees or charges that may apply, such as late fees or maintenance fees.
  9. Include any rules or regulations that tenants must follow while residing in the property. This might cover noise restrictions, pet policies, or maintenance responsibilities.
  10. Both the landlord and tenants should sign and date the agreement at the bottom of the form. Each party should retain a copy for their records.

After completing these steps, review the form for accuracy. Ensure all information is correct and that both parties understand the terms outlined in the lease. Once confirmed, the lease can be officially executed.

Dos and Don'ts

When filling out the New York Residential Lease Agreement form, it is important to approach the task carefully. Here are some guidelines to consider:

  • Do read the entire lease agreement before filling it out. Understanding the terms is crucial.
  • Don't rush through the process. Take your time to ensure accuracy.
  • Do provide accurate and complete information. This includes names, addresses, and rental terms.
  • Don't leave any sections blank unless instructed. Incomplete forms can lead to misunderstandings.
  • Do ask questions if you are unsure about any part of the lease. Clarification can prevent future issues.
  • Don't sign the lease until you are fully satisfied with all terms. Signing is a commitment.

Common mistakes

  1. Incomplete Tenant Information: One common mistake is failing to provide complete and accurate information about all tenants. Each tenant's full name, contact information, and identification should be clearly listed. Omitting any details can lead to confusion or disputes later.

  2. Neglecting to Specify Lease Duration: It is essential to clearly state the lease term. Some individuals forget to indicate the start and end dates, leading to misunderstandings regarding the length of the tenancy.

  3. Ignoring Rent Payment Details: Clearly outlining the rent amount, payment method, and due date is crucial. Many people overlook specifying whether rent should be paid electronically or by check, which can cause payment delays.

  4. Overlooking Security Deposit Terms: The lease should explicitly state the amount of the security deposit and the conditions for its return. Failing to include these details can lead to disputes when the lease ends.

  5. Not Addressing Maintenance Responsibilities: It is important to clarify who is responsible for maintenance and repairs. Some lease agreements lack these details, which can result in disagreements about who should handle repairs during the tenancy.