I have seen many apartment rental problems in New York City real estate. One that keeps coming to the forefront and ending up in court is lease issues. Not fully understanding lease terms can create legal issues for rent overcharges, non-payments, eviction, and Air BnB violation cases among others. It is critical that before signing a lease agreement you are fully aware of the terms and conditions set forth therein. I believe that hiring an attorney to review or draft a lease will offset thousands of dollars of future problems. However, I have given a few basics tip to help you on having a good rental. Take a look at all appliances, lighting, plumbing, heat/AC, window guards, windows, floors, walls, electric plugs and switches, signs of vermin or bug infestation, odors emanating from neighbors and noise. Also take a look at the common areas and make sure that they are clean and safe. Identify where the trash is kept and how it is maintained. Furthermore take pictures and make a list of anything that is a problem. Give this list to your landlord and have the repairs made before moving in. Read and fully understand the terms and conditions of the lease. Also it is essential that you also read any and all associated documents including riders, condo or co-op agreements, additional agreements. If there are conditions you don’t understand discuss them with your lawyer, landlord. managing agent or realtor before signing. Below are some typical problem areas a tenant should look for in a lease:Tenant Tips: Apartment Rentals
Renters and Landlords Have an Attorney Review your Lease
Basics that a tenant should do before signing a lease for an apartment rental.
Visit the apartment
Check out the condition
Read all paperwork associated with the rental
Any lease you sign should include the following basic terms in the Lease Agreement: