Updated August 08, 2023
A New York condominium lease agreement is a legal document binding the owner of a condominium and a prospective tenant to a contract for use of the property. The document will provide language that will define the terms and conditions of the rental of the condominium. Before signing, the landlord will usually verify the prospective tenant’s credit and income through a rental application.
Laws – Article 7: (Landlord and Tenant)
Handbooks – New York Tenants’ Rights Guide & Tenant Protection Act of 2019 Guide
Required Disclosures
- Allergen Hazards (NYC Admin Code § 27-2017.1) – NYC only
- Bed Bug Disclosure (NYC Admin Code § 27–2018.1) – NYC only
- Copy of Signed Lease (Tenants’ Rights Guide) – For rent-stabilized tenants only.
- Lead-Based Paint Disclosure – Statewide
- Security Deposit Receipt (§ 7-103)– Statewide
- Smoking Policy (NYC Admin Code 5, § 17-505) – NYC only
- Sprinkler Disclosure (Article 7, Section 231-A) – Statewide
- Stove Knob Covers (NYC Admin Code § 27-2046.4(a)) – NYC only
- Window Guards (NYC Admin Code § 27–2043.1) – NYC only