What New York law does to your lease
These are the figures the builder holds you to. Each one is the statute's, not ours, and the citation is there so you can read it yourself.
| Rule | New York | Where it says so |
|---|---|---|
| Most a landlord may take as a deposit | 1 month's rentOne month is the whole of it: deposit and advance together. Rent-stabilized units, seasonal rentals and owner-occupied co-ops are the exceptions the statute names. | N.Y. Gen. Oblig. Law 7-108(1-a)(a) |
| Earliest a late fee may be charged | 5 days after rent is due | N.Y. Real Prop. Law 238-a(2) |
| Most a late fee may be | 5% of the rent, and at most $50The ceiling is the LESSER of $50 and 5% of the monthly rent, and nothing at all until rent is five days late. The same section caps an application fee at $20 for the background and credit check. | N.Y. Real Prop. Law 238-a(2) |
| Notice before the landlord may enter | ||
| Notice to end a month-to-month tenancy | 30 daysThirty days holds only in the first year. It becomes 60 days once the tenant has been there a year and 90 days after two, and the same notice is required to raise the rent by 5% or more. | N.Y. Real Prop. Law 226-c |
The clause most landlords get wrong
Rent stated as a base figure with mandatory fees bolted on beside it. If a fee is not optional, it is rent, and several states now say so outright: the lease has to carry one total figure that the landlord may not charge above. The builder asks for the total and then asks how much of it is fees, which is the same information in the order the law wants it.
The second is the assistance animal. A no-pets clause that does not carve one out is a fair-housing problem, not a pet problem, and no pet rent or pet deposit may be charged for one. Your lease says so whether or not you allow pets.
After it is signed
Download the PDF and it is yours, account or not. If you want the tenant to sign it without printing anything, a free Kouzr account sends it for signature, files the executed copy against the tenancy, and keeps it beside the listing, the rent record and the deposit accounting, so the paperwork for that home is in one place when the tenancy ends.