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Video Guide on Apartment Lease Rental Application management

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Commonly Asked Questions about Apartment Lease Rental Application

Lease signing requirements: Once all completed application materials have been submitted, REAL New York can usually get our clients approved for their apartment or rental property that same day. Almost all applications are approved within 1-2 business days. Renter must have completed all application materials.
In New York, the law regarding rental application fees is found under the New York State Real Property Law 238-a. This statute caps application fees at $20 and requires landlords to waive this fee if the applicant provides their own recent background check or credit check conducted within the past 30 days.
Most of the time, the application process takes one to three business days. Background checks and employment verification may take some additional time. Sometimes things move more quickly. A prospective tenant might tour an apartment (in-person or virtually), apply, get approved and sign a lease, all on the same day.
You typically hear about the status of your application within two to ten months after the deadline, but in some cases where so many applications have been received, you may need to follow-up to ask about your status.
If you do not receive a decision after 30-45 days or before a pay date, you can check case status on ACCESS HRA or call HRA InfoLine for information at 718-557-1399. Checks are issued directly to the landlord or Housing Court, where applicable.
The 40x rent rule is the most common in NYC, but its not the law, and you dont always have to make 40x the rent in NYC as some landlords have different standards.
However, it usually takes 2 to 3 days to hear whether or not youre approved once youve submitted your application. If in doubt, ask the property manager or landlord how long it will take to hear back from them on the status of your application.
You can visit a branch of your choice and discuss your requirement with an officer. He/She will guide you through the application process. Please fill the Lease application form and hand over to the branch with the required documentation. Remember to take your national identity card, driving license or passport.