This office lease form lists the circumstances if a tenant defaults in fulfilling any of the covenants of a lease including the covenants for the payment of rent or additional rent.
New York Ending a Lease Through Failure of Condition
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Multi-State
Control #:
US-OL1034
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Word;
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How to fill out Ending A Lease Through Failure Of Condition?
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FAQ
The tenant must first attempt to secure the voluntary consent of the landlord to terminate the lease, and if the request is de- nied, a court may order termination as long as all payments due under the lease through the termination date of the lease have been paid (Real Property Law § 227-c).
When Breaking a Lease Is Justified in New York You or Your Child Are a Victim of Domestic Violence. ... You (or Your Spouse) Are 62 Years of Age or Older and Moving to a Residential Facility for Seniors. ... You Are Starting Active Military Duty. ... The Rental Unit Is Unsafe or Violates New York Health or Safety Codes.
A rent controlled or rent stabilized apartment may be one of the most coveted assets in New York City. Many wonder how much a buyout is worth for a rent-stabilized or a rent controlled tenant. In general, a buyout could range from $20,000 to $60,000.
By the rent stabilization law, enforced by the DHCR. A lease is a contract between a landlord and a tenant, containing the terms and conditions of the rental. It cannot be changed while it is in effect unless both parties agree.
Tenants in New York cannot be denied based on past legal conflicts with a landlord (for example, if they have previously sued a landlord). Landlords in New York are also not allowed to charge any additional fees for the processing, review, or acceptance of an application.
Under the Rent Stabilization Law, an owner may begin an eviction proceeding when the current lease expires, but only after the tenant is given written notice that the lease will not be renewed. This notice must be served at least 90 and not more than 150 days before the current lease term expires.
Sign a rent-stabilized or market-rate lease and you are bound to its terms. Unless the apartment is rendered uninhabitable because of poor conditions, your only way out would be to sign a written agreement with the landlord terminating the lease.
In NYC, an owner may refuse to renew a rent stabilized tenant's lease because the owner has an immediate and compelling need to possess the apartment for use as his or her primary residence or as a primary residence for his or her immediate family.
