What should I know about NYC lease agreements?

What should I know about NYC lease agreements?

NYC lease agreements can be complex. They typically include terms about rent, duration, and tenant rights.

What are the common terms I should look for in a lease?

Common terms include the lease duration, rent amount, security deposit, maintenance responsibilities, and termination clauses.

Are there any tenant rights I should be aware of?

Yes, tenants in NYC have rights such as protection against eviction without cause, the right to a habitable living space, and the right to privacy.

What happens if my landlord doesn't return my security deposit?

If your landlord doesn't return your security deposit, you can file a complaint with the New York State Division of Housing and Community Renewal or take legal action.

Can I break my lease early without penalties?

Breaking a lease early can lead to penalties unless you have a valid reason, such as domestic violence or the unit being uninhabitable.