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During the pandemic, the average lease term in New York City fell to around 100 months, hitting a low in January of 96 months. As of May, lease terms climbed to 103 months, a new high since the start of the pandemic, and a sign of recovering confidence in office usage. The prior term high was 123 months in 2018.

A New York standard residential lease agreement is a form that allows a landlord and tenant to enter into a legally binding arrangement for leasing residential space. The term “standard” means a fixed term that usually lasts for a one (1) year period but can be for any time period agreed by the parties.

Tenants have the right to privacy in their rented homes and can refuse entry to landlords who do not provide proper notice or have an illegitimate reason for entry. If this right is violated, tenants can take legal action to prevent continued violations and potentially seek damages.

If you have been living in your home for over a year, your landlord must give at least 60 days notice. If you have been living in your home for more than 2 years, your landlord must give at least 90 days notice. rent as a security deposit. When you move out, they must return the security deposit within 14 days.

Upload your tenant lease agreement to an electronic signature platform, like . Add fields for your signers to fill out like name, date, initials and signature. Send the document out to your tenants directly from the eSignature tool.

In rent controlled apartments statewide and in rent stabilized apartments outside New York City, a landlord may not evict a senior citizen, a person living with a disability, or any person who has been living in the apartment for 15 years or more for purposes of owner occupancy (NYC Admin.

Key Takeaways New York landlords must maintain habitable properties, make timely repairs, and follow legal eviction processes. Landlords must outline terms in written leases, return security deposits within 14 days, and give notice before entering, except in emergencies.

What are the responsibilities of my landlord? Owners must ensure that buildings are safe, clean and well maintained, in both common areas and in individual apartments. Among other responsibilities, owners must provide and maintain security measures, heat, hot and cold water, and good lighting.

Tenants without a lease agreement also have the right to privacy. The landlord cannot enter your rental property without your consent, except in emergencies or other legally allowed circumstances. The landlord must provide reasonable notice before entering the rental property for repairs, inspections, or other reasons.