Apartment rental lease agreement form. A rental agreement or lease is a legal document that outlines an arrangement between an owner of real estate known as the landlord or lessor and someone else that is willing to pay rent while occupying the property known as the tenant or lessee. Term of the tenancy the term of this agreement shall commence on 20 and shall continue from that date q a. Landlordlessoragent shall be referred to as owner and tenantslessee. By them of this rental agreement.
The new york standard residential lease agreement template is a legal document that is designed to outline rules regulations and new york state laws that will protect both the landlord and the tenantif the rental is located in new york city there are some special addendums that are required by the state beyond the basic rental amount and other responsibilities. Printable and fillable basic rental agreement or residential lease. Basic rental agreement or residential lease. For residential lease there are two types of rent regulations rent control and rent stabilization in the state of new york to inquire about the regulation of an apartment one may have to.
On a month to month basis. Landlord may also take further legal action. A lease is usually 6 to 12 months long but can be extended should the parties agree. You own a personal residence that youd like to lease to a tenant and would like to have a clear set of rules and conditions for the rental.
The lease agreement is better explained in new york real property law article 7 220 238. Agreement but not limited to the payment of all rent due and the payment of costs to remedy damages to the premises regardless of whether such damages were caused by a tenant or invitee of a tenant. You own a residential rental property and want to clarify the terms of a rental agreement before leasing the property to a tenant. The new york rental agreements can be downloaded and are available in pursuant to all state laws emergency tenant protection act 57674 for the leasing of residential and commercial propertybefore a contract is signed a tenant will usually view the property and see if it fits their needs and if so the landlord will usually ask for their credentials under a rental application.
Tenants agree to pay their rent in the form of a personal check a cashiers check or a money order made out to the landlord.