New York Residential Lease Agreement
THIS LEASE AGREEMENT (hereinafter referred to as the
"Agreement") made and entered into this ____________ day of
____________________________, 20____, by and between
_____________________________________________________________________ (hereinafter
referred to as "Landlord") and
_____________________________________________________________________ (hereinafter referred
to as "Tenant").
W I T N E S S E T H :
WHEREAS,
Landlord is the fee owner of certain real property being, lying and situated in
_______________ County, New York, such real property having a street
address of ______________________________________________________________ (hereinafter referred to as the "Premises").
WHEREAS, Landlord desires to lease the Premises to Tenant upon the
terms and conditions as contained herein; and
WHEREAS, Tenant desires to lease the Premises from Landlord on the
terms and conditions as contained herein;
NOW, THEREFORE, for and in consideration of the covenants and obligations contained herein and other good and
valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties hereto hereby agree as follows:
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TERM. This Agreement shall commence on ________________________ ("Commencement Date"). [check either A or B]:
____ A. Month-to-Month: This Agreement shall continue as a month-to-month tenancy. If at any time Tenant desires to terminate the tenancy, Tenant may do so by providing to Landlord written notice of intention to terminate. Such notice to terminate must be provided to Landlord at least 30 days prior to the desired date of termination of the tenancy. If at any time Landlord desires to terminate the tenancy, Landlord may do so by providing to Tenant such written notice of intention to terminate at least 30 days prior to the desired date of termination of the tenancy. Notices to terminate may be given on any calendar day, irrespective of Commencement Date.
____ B. Lease: This Agreement shall continue as a lease for term. The termination date shall be on (date) ___________________ at 11:59 PM. Upon termination date, Tenant shall be required to vacate the Premises unless one of the following circumstances occur: (i) Landlord and Tenant formally extend this Agreement in writing or create and execute a new, written, and signed agreement; (ii) local rent control law mandates extension of the tenancy; or (iii) Landlord willingly accepts new Rent from Tenant, which does not constitute past due Rent. In the event that Landlord accepts from Tenant new rent, a month-to-month tenancy shall be created. Either party may terminate this month-to-month tenancy by following the procedures specified in paragraph 1A. Rent shall continue at the rate specified in this Agreement, or as allowed by law. All other terms and conditions as outlined in this Agreement shall remain in full force and effect.
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RENT. Under the terms of this Agreement, "Rent" shall consist of all monetary obligations owed to Landlord by Tenant in accordance with this Agreement. However, the Security Deposit shall not be considered Rent. Tenant shall pay to Landlord _________________________________________________________ DOLLARS ($______________) per month as Rent for the Term of the Agreement. Due date for Rent payment shall be the 1st day of each calendar month and shall be considered advance payment for that month. If not remitted on the 1st, Rent shall be considered overdue and delinquent on the 2nd day of each calendar month. In the event that the Commencement Date is not the 1st of the calendar month, Rent payment remitted on the Commencement Date shall be prorated based on a 30-day period.
Acceptable forms of payment of Rent to Landlord shall be [check all that apply]: ____ personal check, ____ money order, ____ cashier’s check, or ____ other: ________________________________________. Payment shall be made to Landlord under the following name and address: __________________________ ______________________________________________________________.
In the event that any payment by Tenant is returned for insufficient funds ("NSF") or if Tenant stops payment, Landlord may require in writing that Tenant pay Rent in cash for three months, and that all future Rent payments shall be remitted by Tenant to Landlord by money order or cashier's check.
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SECURITY DEPOSIT. As a security deposit, Tenant shall deposit with Landlord
the sum (not to exceed the equivalent of one month's rent) of
_________________________________________________________ DOLLARS
($______________), receipt of which is hereby acknowledged by Landlord. Under
New York law, the type of dwelling determines how the Landlord must handle the
security deposit. Therefore, the parties shall place their initials after the
appropriate provision.
[Initial after only one of the following two provisions:]
If the Premises is a house, duplex, or an apartment in a building with
five or fewer units, then the following provision shall apply: Such
security deposit shall be returned to Tenant, without interest, and less any set
off for damages to the Premises upon the termination of this Agreement. In the
event that Landlord shall at any time apply any of such security deposit to
cover unpaid rent, the late fee, or to repair damage caused to the Premises,
then, upon the request of Landlord to Tenant specifying the amount so applied,
Tenant shall immediately deposit with Landlord, as an additional security
deposit, the amount so applied, so that the security deposit held by Landlord
shall at all times during the term hereof be equal to the aforementioned amount
specified in this section. Tenant Initials: ______
______ ______ ______ Landlord Initials: ______ ______
If the Premises is an apartment in a building with six or more units,
then the following provision shall apply: As required under Section 7-103 of the
General Obligations Law, Landlord shall hold such security deposit in an
interest bearing bank account located in New York state as security for any
damage caused to the Premises or for any unpaid rent or late fees during the
term hereof. Landlord hereby notifies Tenant that the name of the bank in which
the security deposit funds shall be deposited is:
_________________________________________________________. In the event that
Landlord shall at any time apply any of such security deposit to cover unpaid
rent, the late fee, or to repair damage caused to the Premises, then, upon the
request of Landlord to Tenant specifying the amount so applied, Tenant shall
immediately deposit with Landlord, as an additional security deposit, the amount
so applied, so that the security deposit held by Landlord shall at all times
during the term hereof be equal to the aforementioned amount specified in this
section. At the end of the term of the Agreement, Landlord shall pay Tenant
the interest earned on such amount, less the one percent (1%) administrative fee referred to in Section 7-103 of the
General Obligations Law.
Tenant Initials: ______ ______ ______ ______ Landlord
Initials: ______ ______
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USE OF PREMISES. The Premises shall be used and occupied by Tenant as a private dwelling, and no part of the Premises shall be used at any time during the term of this Agreement by Tenant for the purpose of carrying on any business, profession, or trade of any kind, or for any purpose other than as a private dwelling. Tenant may allow no more than _______ additional individuals, other than transient relatives and friends who are guests of Tenant, to use or occupy the Premises without first obtaining Landlord’s written consent to such use. Tenant shall comply with any and all laws, ordinances, rules and orders of any and all governmental or quasi-governmental authorities affecting the cleanliness, use, occupancy and preservation of the Premises.
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CONDITION OF PREMISES.
Tenant stipulates, represents and warrants that Tenant has examined
the Premises, and that they are at the time of this Lease in good order,
repair, and in a safe, clean and tenantable condition.
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ASSIGNMENT AND SUB-LETTING.
Tenant shall not assign this Agreement, or sub-let or grant any
license to use the Premises or any part thereof without the prior written
consent of Landlord. A consent by Landlord to one such assignment, sub-letting
or license shall not be deemed to be a consent to any subsequent assignment,
sub-letting or license. An
assignment, sub-letting or license without the prior written consent of
Landlord or an assignment or sub-letting by operation of law shall be
absolutely null and void and shall, at Landlord's option, terminate this
Agreement.
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ALTERATIONS AND IMPROVEMENTS.
Tenant shall make no alterations to the buildings or improvements on
the Premises or construct any building or make any other improvements on the
Premises without the prior written consent of Landlord.
Any and all alterations, changes, and/or improvements built,
constructed or placed on the Premises by Tenant shall, unless otherwise
provided by written agreement between Landlord and Tenant, be and become the
property of Landlord and remain on the Premises at the expiration or earlier
termination of this Agreement.
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NON-DELIVERY OF POSSESSION.
In the event Landlord cannot deliver possession of the Premises to
Tenant upon the commencement of the Lease term, through no fault of Landlord
or its agents, then Landlord or its agents shall have no liability, but the
rental herein provided shall abate until possession is given.
Landlord or its agents shall have thirty (30) days in which to give
possession, and if possession is tendered within such time, Tenant agrees to
accept the demised Premises and pay the rental herein provided from that
date. In the event possession
cannot be delivered within such time, through no fault of Landlord or its
agents, then this Agreement and all rights hereunder shall terminate.
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HAZARDOUS MATERIALS. Tenant shall not keep on the Premises any item of a
dangerous, flammable or explosive character that might unreasonably increase
the danger of fire or explosion on the Premises or that might be considered
hazardous or extra hazardous by any responsible insurance company.
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UTILITIES.
Tenant shall be responsible for arranging for and paying for all
utility services required on the Premises.
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MAINTENANCE AND REPAIR; RULES.
Tenant will, at its sole expense, keep and maintain the Premises and
appurtenances in good and sanitary condition and repair during the term of
this Agreement and any renewal thereof.
Without limiting the generality of the foregoing, Tenant shall:
(a)
Not obstruct the driveways, sidewalks, courts, entry ways, stairs and/or
halls, which shall be used for the purposes of ingress and egress only;
(b)
Keep all windows, glass, window coverings, doors, locks and hardware in
good, clean order and repair;
(c)
Not obstruct or cover the windows or doors;
(d)
Not leave windows or doors in an open position during any inclement
weather;
(e)
Not hang any laundry, clothing, sheets, etc.
from any window, rail, porch or balcony nor air or dry any of same within
any yard area or space;
(f)
Not cause or permit any locks or hooks to be placed upon any door or
window without the prior written consent of Landlord;
(g)
Keep all air conditioning filters clean and free from dirt;
(h)
Keep all lavatories, sinks, toilets, and all other water and plumbing
apparatus in good order and repair and shall use same only for the purposes for
which they were constructed. Tenant
shall not allow any sweepings, rubbish, sand, rags, ashes or other substances to
be thrown or deposited therein. Any
damage to any such apparatus and the cost of clearing stopped plumbing resulting
from misuse shall be borne by Tenant;
(i)
And Tenant's family and guests shall at all times maintain order in the
Premises and at all places on the Premises, and shall not make or permit any
loud or improper noises, or otherwise disturb other residents;
(j)
Keep all radios, television sets, stereos, phonographs, etc., turned down
to a level of sound that does not annoy or interfere with other residents;
(k)
Deposit all trash, garbage, rubbish or refuse in the locations provided
therefor and shall not allow any trash, garbage, rubbish or refuse to be
deposited or permitted to stand on the exterior of any building or within the
common elements;
(l)
Abide by and be bound by any and all rules and regulations affecting the
Premises or the common area appurtenant thereto which may be adopted or
promulgated by the Condominium or Homeowners' Association having control over
them.
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DAMAGE TO PREMISES. In the event the Premises are destroyed or rendered
wholly uninhabitable by fire, storm, earthquake, or other casualty not caused
by the negligence of Tenant, this Agreement shall terminate from such time
except for the purpose of enforcing rights that may have then accrued
hereunder. The rental provided
for herein shall then be accounted for by and between Landlord and Tenant up
to the time of such injury or destruction of the Premises, Tenant paying
rentals up to such date and Landlord refunding rentals collected beyond such
date. Should a portion of the
Premises thereby be rendered uninhabitable, the Landlord shall have the option
of either repairing such injured or damaged portion or terminating this
Lease. In the event that Landlord
exercises its right to repair such uninhabitable portion, the rental shall
abate in the proportion that the injured parts bears to the whole Premises,
and such part so injured shall be restored by Landlord as speedily as
practicable, after which the full rent shall recommence and the Agreement
continue according to its terms.
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INSPECTION OF PREMISES.
Landlord and Landlord's agents shall have the right at all reasonable
times during the term of this Agreement and any renewal thereof to enter the
Premises for the purpose of inspecting the Premises and all buildings and
improvements thereon. And for
the purposes of making any repairs, additions or alterations as may be
deemed appropriate by Landlord for the preservation of the Premises or the
building. Landlord and its agents
shall further have the right to exhibit the Premises and to display the
usual "for sale", "for rent" or "vacancy"
signs on the Premises at any time within forty-five (45) days before the
expiration of this Lease. The
right of entry shall likewise exist for the purpose of removing placards,
signs, fixtures, alterations or additions, that do not conform to this
Agreement or to any restrictions, rules or regulations affecting the
Premises.
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SUBORDINATION OF LEASE.
This Agreement and Tenant's interest hereunder are and shall be
subordinate, junior and inferior to any and all mortgages, liens or
encumbrances now or hereafter placed on the Premises by Landlord, all advances
made under any such mortgages, liens or encumbrances (including, but not
limited to, future advances), the interest payable on such mortgages, liens
or encumbrances and any and all renewals, extensions or modifications of
such mortgages, liens or encumbrances. Further, if the Premises is a
condominium unit, then this Agreement is subject and subordinate to (A)
the By-Laws, Rules and Regulations and Provisions of the Declaration
Establishing a Plan for Condominium Ownership of the Premises and (B)
Powers of Attorney granted to the Board of Managers, leases, agreements,
mortgages, renewals, modifications, consolidations, replacements and
extensions to which the Declaration or the Premises are presently or
may in the future be subject. Tenant shall not perform any act, or fail
to perform any act, if the performance or failure to perform would be a
violation of or default in the Declaration or a document referred to in (B).
Tenant shall not exercise any right or privilege under this Agreement,
the performance of which would be a default in or violation of the
Declaration or a document referred to in subdivision (B). Tenant must
promptly execute any certificate(s) that Landlord requests to show that
this Agreement is so subject and subordinate. Tenant authorizes Landlord
to sign these certificate(s) for Tenant. Tenant acknowledges that Tenant
has had the opportunity to read the Declaration of Condominium Ownership
for the Condominium, including the By-Laws. Tenant agrees to observe
and be bound by all the terms contained in it that apply to the occupant
or user of the Premises or a user of Condominium common areas and
facilities. Tenant agrees to observe all of the Rules and Regulations
of the Association and Board of Managers.
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TENANT'S HOLD OVER. If Tenant remains in possession of the Premises with the
consent of Landlord after the natural expiration of this Agreement, a new
tenancy from month-to-month shall be created between Landlord and Tenant which
shall be subject to all of the terms and conditions hereof except that rent
shall then be due and owing at ______________________________________________________________ DOLLARS ($___________) per
month and except that such tenancy shall be terminable upon thirty (30)
days written notice served by either party.
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SURRENDER OF PREMISES.
Upon the expiration of the term hereof, Tenant shall surrender the
Premises in as good a state and condition as they were at the commencement
of this Agreement, reasonable
use and wear and tear thereof and damages by the elements excepted.
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ANIMALS. Tenant
shall be entitled to keep no more than __________ (____) domestic dogs, cats or
birds.
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QUIET ENJOYMENT. Tenant, upon payment of all of the sums referred to
herein as being payable by Tenant and Tenant's performance of all Tenant's
agreements contained herein and Tenant's observance of all rules and
regulations, shall and may peacefully and quietly have, hold and enjoy said
Premises for the term hereof.
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INDEMNIFICATION. Landlord shall not be liable for any damage or injury of
or to the Tenant, Tenant's family, guests, invitees, agents or employees or
to any person entering the Premises or the building of which the Premises
are a part or to goods or equipment, or in the structure or equipment of the
structure of which the Premises are a part, and Tenant hereby agrees to
indemnify, defend and hold Landlord harmless from any and all claims or
assertions of every kind and nature.
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DEFAULT.
Landlord must provide notice of default to the Tenant. The Tenant shall
have a limited number of days to cure any such default: (a) for the failure
to pay rent or additional rent when due, Tenant shall have three (3) days to
cure; (b) for the issuance of a court order by which the Premises may be taken
by another party, for the failure to perform any term in another lease between
the Landlord and Tenant (e.g., a vehicle parking lease), for the failure to
comply with any of the material provisions of this Agreement or of any present
rules and regulations, for the failure to comply with any rules and regulations
that may be hereafter prescribed by Landlord, or for the failure to comply with
any duties imposed on Tenant by statute, the Tenant shall have five (5)
days to cure. If the Tenant does not cure the default within the required time
frame, Landlord may terminate this Agreement by providing the Tenant with a notice of
termination. The notice of termination must state the date the tenancy will end,
which may be no fewer than three (3) days after the date of the notice of
termination. Tenant must vacate the premises on or before the termination date specified in the notice of termination
and must return the keys on or before that date. The Tenant's responsibilities
under this Agreement continue until the termination date. In addition, if this
Agreement is terminated, Landlord may, at Landlord's option, declare the entire
balance of rent payable hereunder to be immediately due and payable and may
exercise any and all rights and remedies available to Landlord at law or in equity.
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LATE CHARGE.
In the event that any payment required to be paid by Tenant hereunder
is not made within three (3) days of when due, Tenant shall pay to Landlord,
in addition to such payment or other charges due hereunder, a "late
fee" in the amount of ______________________________________________________________ DOLLARS ($__________).
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ABANDONMENT.
If at any time during the term of this Agreement Tenant abandons the
Premises or any part thereof, Landlord may, at Landlord's option, obtain
possession of the Premises in the manner provided by law, and without
becoming liable to Tenant for damages or for any payment of any kind
whatever. Landlord may, at
Landlord's discretion, as agent for Tenant, relet the Premises, or any part
thereof, for the whole or any part thereof, for the whole or any part of the
then unexpired term, and may receive and collect all rent payable by virtue
of such reletting, and, at Landlord's option, hold Tenant liable for any
difference between the rent that would have been payable under this
Agreement during the balance of the unexpired term, if this Agreement had
continued in force, and the net rent for such period realized by Landlord by
means of such reletting. If
Landlord's right of reentry is exercised following abandonment of the Premises
by Tenant, then Landlord shall consider any personal property belonging to
Tenant and left on the Premises to also have been abandoned, in which case
Landlord may dispose of all such personal property in any manner Landlord shall
deem proper and Landlord is hereby relieved of all liability for doing so.
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ATTORNEYS' FEES. Should it become necessary for Landlord to employ an
attorney to enforce any of the conditions or covenants hereof, including the
collection of rentals or gaining possession of the Premises, Tenant agrees
to pay all expenses so incurred, including a reasonable attorneys' fee.
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RECORDING OF AGREEMENT.
Tenant shall not record this Agreement on the Public Records of any
public office. In the event that Tenant shall record this Agreement,
this Agreement shall, at Landlord's option, terminate immediately and Landlord
shall be entitled to all rights and remedies that it has at law or in
equity.
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GOVERNING LAW. This Agreement shall be governed, construed and
interpreted by, through and under the Laws of the State of New York.
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SEVERABILITY.
If any provision of this Agreement or the application thereof shall,
for any reason and to any extent, be invalid or unenforceable, neither the
remainder of this Agreement nor the application of the provision to other
persons, entities or circumstances shall be affected thereby, but instead
shall be enforced to the maximum extent permitted by law.
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BINDING EFFECT. The covenants, obligations and conditions herein
contained shall be binding on and inure to the benefit of the heirs, legal
representatives, and assigns of the parties
hereto.
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DESCRIPTIVE HEADINGS.
The descriptive headings used herein are for convenience of reference
only and they are not intended to have any effect whatsoever in determining
the rights or obligations of the Landlord or Tenant.
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CONSTRUCTION.
The pronouns used herein shall include, where appropriate, either
gender or both, singular and plural.
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NON-WAIVER.
No indulgence, waiver, election or non-election by Landlord under this
Agreement shall affect Tenant's duties and liabilities hereunder.
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MODIFICATION.
The parties hereby agree that this document contains the entire
agreement between the parties and this Agreement shall not be modified,
changed, altered or amended in any way except through a written amendment
signed by all of the parties hereto.
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NOTICE.
Any notice required or permitted under this Lease or under state law shall be
deemed sufficiently given or served if sent by United States certified mail,
return receipt requested, addressed as follows:
If to Landlord to:
______________________________________________
[Landlord's Name]
______________________________________________
______________________________________________
[Landlord's Address]
If to Tenant to:
______________________________________________
[Tenant's Name]
______________________________________________
______________________________________________
[Tenant's Address]
Landlord and Tenant shall each have the right from time to time to change the
place notice is to be given under this paragraph by written notice thereof to
the other party.
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ADDITIONAL PROVISIONS; DISCLOSURES.
____________________________________________________________
____________________________________________________________
____________________________________________________________
____________________________________________________________
____________________________________________________________
____________________________________________________________
[Landlord should note above any disclosures about the premises that may be required under Federal or New York law, such as known lead-based paint hazards in the Premises. The Landlord should also disclose any flood hazards.]
As to Landlord this ______ day of
________________________, 20_____.
LANDLORD:
Sign: ___________________________________ Print:
_________________________________ Date: ______________
As to Tenant, this ______ day of
________________________, 20_____.
TENANT ("Tenant"):
Sign: ___________________________________ Print:
__________________________________ Date: ______________
TENANT:
Sign: ___________________________________ Print:
__________________________________ Date: ______________
TENANT:
Sign: ___________________________________ Print:
__________________________________ Date: ______________
TENANT:
Sign: ___________________________________ Print:
__________________________________ Date: ______________
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