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    New York Residential Lease Agreement

    New York caps most security deposits at 1 month's rent (2 exceptions apply), and requires its return within 14 days after move-out.

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    New York lease rules at a glance

    Key New York rules for a residential lease, with the statute behind each
    RuleWhat the law says
    Security deposit cap1 month's rent (with exceptions)N.Y. Gen. Oblig. Law § 7-108(1-a)(a)
    Deposit return deadline14 days after move-outN.Y. Gen. Oblig. Law § 7-108(1-a)(e)
    Late feesLesser of $50 or 5% of monthly rent · grace period: 5 daysN.Y. Real Prop. Law § 238-a(2)
    Landlord entry noticeNo state ruleNY AG Residential Tenants' Rights Guide, Right to Privacy (p. 54)
    Ending a month-to-month lease30 days (either side)N.Y. Real Prop. Law § 226-c(2), N.Y. Real Prop. Law § 232-a (NYC), N.Y. Real Prop. Law § 232-b (outside NYC)
    Rent increase notice30 days (Applies to increases of 5% or more: 30 days if occupancy < 1 year and lease < 1 year; 60 days if occupancy or lease 1–2 years; 90 days if occupancy or lease 2+ years)N.Y. Real Prop. Law § 226-c
    Rent controlNo statewide law; cities may regulateEmergency Tenant Protection Act of 1974 § 3, N.Y. Real Prop. Law § 211(8) (local rent standard), N.Y. Real Prop. Law § 213 (opt-in outside NYC), N.Y. Real Prop. Law § 214 (exemptions), N.Y. Real Prop. Law § 216, N.Y. Real Prop. Law § 212 (applies in NYC)
    Eviction notice for unpaid rent14 days (14-day written rent demand)N.Y. RPAPL § 711(2)

    New York lease disclosures checklist

    Every New York residential lease must include a sprinkler-system notice, a flood-zone/flood-history disclosure and the Good Cause Eviction Law notice under § 231-c, and pre-1978 units need the federal lead-paint disclosure (N.Y. Real Prop. Law §§ 231-a, 231-b, 231-c). (N.Y. Real Prop. Law § 231-a, N.Y. Real Prop. Law § 231-b, N.Y. Real Prop. Law § 231-c)

    • Lead-based paint disclosure and EPA pamphlet — Housing built before 197842 U.S.C. § 4852d; 40 CFR Part 745 Subpart F
    • Sprinkler system notice (bold type) with last maintenance/inspection date — Every residential leaseN.Y. Real Prop. Law § 231-a
    • Flood zone, flood history and renters flood insurance (NFIP) disclosure — Every residential lease (effective June 21, 2023)N.Y. Real Prop. Law § 231-b
    • Good Cause Eviction Law notice (whether unit is covered, exemption, justification for above-standard increases) — Every initial and renewal lease, § 226-c increase/non-renewal notice, RPAPL § 711(2) rent demand and § 741 petition; the notice must state whether the unit is covered or which exemption applies (including a locality outside NYC that has not opted in)N.Y. Real Prop. Law § 231-c

    MakeLease generates a customizable lease; add these New York disclosures and terms.

    Before you sign in New York

    Deposit cap exceptions in New York
    One month's rent; no other advance rent may be collected N.Y. Gen. Oblig. Law § 7-108(1-a)(a)
    • Registered seasonal-use units (GOL § 7-108(1-a)(a), (4)-(5)): no cap
    • Owner-occupied cooperative apartment, i.e. the tenant is the shareholder/owner (GOL § 7-108(1-a)(a), (6)): no cap
    • In effect since .
    • Before : No statewide cap for unregulated units before the Housing Stability and Tenant Protection Act of 2019 (rent-stabilized units were already limited to one month).
    If a deposit is withheld wrongly
    A landlord who misses the 14-day itemization deadline forfeits any right to keep part of the deposit, and a willful violator owes actual damages plus punitive damages up to twice the deposit (N.Y. Gen. Oblig. Law § 7-108(1-a)(e), (g)). (N.Y. Gen. Oblig. Law § 7-108(1-a)(e), (g))
    Deductions from the deposit
    Landlords must give the tenant an itemized statement of the basis for any amount retained within 14 days after the tenant vacates (N.Y. Gen. Oblig. Law § 7-108(1-a)(e)). (N.Y. Gen. Oblig. Law § 7-108(1-a)(b), (e))
    Interest on the deposit
    Landlords of buildings with six or more units must keep deposits in an interest-bearing New York bank account and credit the tenant with the interest minus a 1% annual administrative fee (N.Y. Gen. Oblig. Law § 7-103(2), (2-a)). (N.Y. Gen. Oblig. Law § 7-103(2), (2-a))
    Rent control and increases
    New York has no statewide rent cap, but NYC and opting-in localities have rent stabilization under the Emergency Tenant Protection Act, and the Good Cause Eviction Law treats increases above the lower of 5% plus inflation or 10% as presumptively unreasonable in covered units (Emergency Tenant Protection Act § 3; N.Y. Real Prop. Law §§ 211(8), 216). (Emergency Tenant Protection Act of 1974 § 3, N.Y. Real Prop. Law § 211(8) (local rent standard), N.Y. Real Prop. Law § 213 (opt-in outside NYC), N.Y. Real Prop. Law § 214 (exemptions), N.Y. Real Prop. Law § 216, N.Y. Real Prop. Law § 212 (applies in NYC))

    No statewide rent cap. Rent stabilization/control applies in NYC and in municipalities that opt into the Emergency Tenant Protection Act (vacancy rate ≤5%). The 2024 Good Cause Eviction Law (NYC and opt-in localities) presumes increases above the local rent standard (lower of 5% + CPI or 10%) unreasonable for covered units.

    • In effect since .
    If rent goes unpaid
    Before filing a nonpayment case, the landlord must serve a written demand giving the tenant at least 14 days to pay the rent (N.Y. Real Prop. Actions & Proc. Law § 711(2)). (N.Y. RPAPL § 711(2))

    New York lease FAQs

    How much can a landlord charge for a security deposit in New York?

    Landlords may collect no more than one month's rent as a security deposit, and may not also collect last month's rent or other advance rent (N.Y. Gen. Oblig. Law § 7-108(1-a)(a)).

    How long does a New York landlord have to return a security deposit?

    Landlords must return the deposit, less any itemized deductions, within 14 days after the tenant vacates (N.Y. Gen. Oblig. Law § 7-108(1-a)(e)).

    Is there a limit on late fees in New York?

    A late fee may not exceed the lesser of $50 or 5% of the monthly rent (N.Y. Real Prop. Law § 238-a(2)). A late fee may be charged only if rent is still unpaid five days after its due date (N.Y. Real Prop. Law § 238-a(2)).

    How much notice must a New York landlord give before entering a rental?

    New York has no statute setting an entry-notice period; landlords should give reasonable advance notice and enter at reasonable times for repairs or as the lease allows, except in emergencies (NY AG Residential Tenants' Rights Guide, "Right to Privacy") (NY AG Residential Tenants' Rights Guide, Right to Privacy (p. 54)).

    How much notice ends a month-to-month tenancy in New York?

    To end a month-to-month tenancy a landlord must give 30, 60 or 90 days' written notice depending on whether the tenant has lived there under one year, one to two years, or two years or more, and a tenant outside NYC must give one month's notice (N.Y. Real Prop. Law §§ 226-c, 232-a, 232-b) (N.Y. Real Prop. Law § 226-c(2)).

    What disclosures does a New York lease need?

    Every New York residential lease must include a sprinkler-system notice, a flood-zone/flood-history disclosure and the Good Cause Eviction Law notice under § 231-c, and pre-1978 units need the federal lead-paint disclosure (N.Y. Real Prop. Law §§ 231-a, 231-b, 231-c) (N.Y. Real Prop. Law § 231-a). The list covers Lead-based paint disclosure and EPA pamphlet, Sprinkler system notice (bold type) with last maintenance/inspection date, Flood zone, flood history and renters flood insurance (NFIP) disclosure and Good Cause Eviction Law notice (whether unit is covered, exemption, justification for above-standard increases).

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