Updated April 14, 2023
A New York rental application is a legal document that allows a landlord to review a potential tenant’s background information and references. After performing the verification, the landlord can determine whether the applicant would be a reliable tenant. If approved, a lease should be drafted and signed by both parties.
Laws
- Application Fee – The landlord cannot charge more than the cost of the background check or twenty dollars ($20), whichever is less. Furthermore, they must provide the applicant with a receipt (§ 238-A.1(b)).
- Security Deposit – The most that a landlord may demand from tenants is one (1) month’s rent (§ 7-108.1-a(a), § 576/74(f)).