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Rent is typically due on the first day of each month. This date may fluctuate if the first falls on a weekend or on a bank holiday?in that case, the payment may be due on the following workday. Some landlords make rent due a month from the date the tenant moved in.
Rent Payment Basics: ... Online Payment: ... Through Your Bank's Online System: ... By Mail: ... By Phone (please note the new phone number): ... Via an Authorized Bank or Credit Union: ... On behalf of a Resident: ... With HRA Benefits:
New York City Rent Stabilization Code, Section 2525.4 Tenant Protection Regulations, Section 2505.4 New York City Rent and Eviction Regulations, Section 2205.5 New York State Rent and Eviction Regulations, Section 2105.5 Housing Stability and Tenant Protection Act of 2019 A security deposit should not be used as a ...
The law says you have the right to pay rent by money order, personal check, cash, or the online system and the landlord has to accept it.
Specifically, the NYC Rent Guideline Board limits how much a landlord may increase your rent yearly. In June of 2022, the board set a 3.25% increase for one-year lease agreements and a 5% increase for a two-year lease agreement. This will apply to all leases signed between October 2022 and September 2023.