New York Rental Lease Agreement Templates

This New York rental lease agreement outlines key details such as landlord and tenant information, property specifics, payment terms, lease duration, and rules. Once signed by both parties, it finalizes the terms, and the lease is ready to start on the agreed date.

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Last updated December 12th, 2024

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This New York rental lease agreement outlines key details such as landlord and tenant information, property specifics, payment terms, lease duration, and rules. Once signed by both parties, it finalizes the terms, and the lease is ready to start on the agreed date.

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New York Standard Commercial Lease Agreement Templates

What the New York Residential Lease Agreement Form Covers

This agreement includes the following information for landlords and tenants in New York:

New York Landlord-Tenant Act

Summary (Real Property Law (RPL)↗): New York law governs landlord and tenant responsibilities, rental agreements, security deposits, eviction procedures, tenant rights, and required disclosure forms.

Security Deposit Laws

Summary (§ 7-108-1-a(a)↗, § 7-108(1-a)(e)↗):

  • 14 Days – Landlords must return the security deposit within 14 days of the lease end date.
  • Itemized List – Deductions for damages must be provided with the returned deposit.
  • Maximum Amount – Security deposits are capped at one month’s rent for residential leases.

Lease Termination Rules for Landlords and Tenants

Summary:
If the lease doesn’t mention a term, it’s a month-to-month tenancy by default. Required notice for termination is as follows:
  • Month-to-month: 30 days’ notice.
  • No notice: If the rental unit poses a health or safety threat.

Landlord’s Access to the Rental Property

Summary (§ 25-101(a)(3)↗):
  • Landlords must provide 24 hours before entering the property, except in emergencies.

Rent Due Dates and Late Fees

Summary (§ 238-A(2)↗):

  • Grace Period – Landlords cannot charge late fees until the rent is more than 5 days late.
  • Late Fees – Late fees are capped at $50 or 5% of the rent, whichever is less.

Eviction Procedures and Notices

Summary:
  • Notice to Pay or Quit – 14 days.
  • Landlords must follow New York’s formal eviction process, starting with a written notice.

Property Maintenance Requirements and Utilities

Summary: Landlords must maintain the rental property in a habitable condition as required by the warranty of habitability. Any shared utilities should be disclosed in the lease.

Required Disclosure Forms

Summary: New York landlords must disclose the following information:

  1. Allergen Hazards Disclosure (NYC only) (NYC Admin Code § 27-2017.1↗):
    Landlords must complete and sign this form with the Local 55 brochure, confirming an annual inspection for indoor allergens like mold, mice, rats, and cockroaches.
  2. Bedbug Disclosure (NYC only) (NYC Admin Code § 27–2018.1↗):
    Landlords must share the unit’s bedbug infestation history from the past year.
  3. Copy of Signed Lease (conditional) (Tenants’ Rights Guide↗):
    For rent-stabilized tenants, landlords must provide a signed lease copy within 30 days of the tenancy start date.
  4. Flood History Disclosure & Risk Notice (N.Y. Real Prop. Law § 231-B(1)↗):
    Landlords must inform tenants about the property’s flood history, risks, and insurance details.
  5. Lead-Based Paint Disclosure & EPA Pamphlet (conditional)
    Required for homes built before January 1, 1978; both the disclosure and EPA pamphlet must be provided and signed.
  6. Notice of Good Cause Eviction Law (N.Y. Real Prop. Law § 231-c↗):
    A notice must be attached to the lease indicating whether the tenancy is subject to the Good Cause Eviction Law.
  7. Security Deposit Receipt (conditional) (N.Y. Gen. Oblig. Law § 7-103↗):
    If a security deposit is collected, landlords must disclose the name and location of the financial institution where it is held.
  8. Sprinkler Disclosure (N.Y. Real Prop. Law § 231-A(1)↗):
    The lease must clearly state in bold text whether a sprinkler system is installed.
  9. Stove Knob Covers (NYC only) (conditional) (NYC Admin Code § 27-2046.4(a)↗):
    If tenants have children under six, they must complete this disclosure. Landlords must provide stove knob covers if requested.

Tenant’s Right to Withhold Rent

Summary (N.Y. Real Prop. Law § 235-a(1)↗): Tenants may withhold rent under the following conditions:

  • The rental unit violates the warranty of habitability.
  • The tenant must notify the landlord of the issue and allow reasonable time for repairs.
  • If repairs are not made, tenants may pay for them and deduct costs from rent (repair and deduct).

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Sample New York Rental Lease Agreement 

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