The New York Residential Lease Agreement is a legal document that outlines the terms and conditions between a landlord and tenant for renting a residential property. This form serves as a crucial tool in establishing clear expectations and responsibilities for both parties. Understanding its components can help ensure a smooth rental experience and protect your rights as a tenant or landlord.
Rental Agreement Template Free - Indicates any included amenities or services provided with the rental.
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Trec Residential Lease - The document allows for the inclusion of specific local regulations that apply.
New York Residential Lease Agreement
This Residential Lease Agreement (“Agreement”) is made effective as of , by and between , referred to as “Landlord,” and , referred to as “Tenant.” This Agreement is governed by the laws of the State of New York.
The Landlord agrees to lease to the Tenant the residential property located at , hereafter referred to as “Premises.”
1. Term of Lease
The term of this lease shall commence on and shall terminate on .
2. Rent
The Tenant agrees to pay the Landlord a total rent of per month, due on the of each month. Rent shall be paid by .
3. Security Deposit
The Tenant shall pay a security deposit of to the Landlord upon the signing of this Agreement. This deposit shall be held as security for any damages or unpaid rent and shall be returned to the Tenant upon termination of this lease, subject to applicable New York laws.
4. Utilities
The following utilities shall be included or arranged by the Landlord:
The Tenant shall be responsible for the payment of any other utilities.
5. Use of Premises
The Tenant agrees to use the Premises solely as a private residence. No illegal activities shall be conducted within or on the Premises.
6. Maintenance and Repairs
The Landlord shall be responsible for major repairs, while the Tenant agrees to maintain the Premises in good condition. Any damages caused by the Tenant must be reported immediately.
7. Alterations
The Tenant must obtain written permission from the Landlord before making any alterations or additions to the Premises.
8. Termination of the Agreement
Upon expiration of the lease term, either party may terminate this Agreement by providing written notice of days.
9. Signatures
By signing below, both parties agree to the terms and conditions outlined in this Residential Lease Agreement.
__________________________ Landlord’s Signature Date:
__________________________ Tenant’s Signature Date:
When entering into a rental agreement in New York, a Residential Lease Agreement is just one piece of the puzzle. To ensure a smooth and legally sound rental experience, several other documents may be necessary. Each of these documents serves a specific purpose and can protect both the landlord and tenant. Here are four important forms often used alongside the Residential Lease Agreement:
Understanding these documents can greatly enhance the rental experience. By being informed and prepared, both landlords and tenants can foster a respectful and transparent relationship, paving the way for a successful lease period.