Protect Lease Form

Aug 6th, 2022
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How to Protect Lease Form

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In this video tutorial, the importance of having a comprehensive rental lease agreement is emphasized. The host, Sue Ricci, an entrepreneur and co-founder of a property management firm, discusses five critical clauses that landlords should include in their rental leases to ensure protection and clarity. Viewers are encouraged to review or update their lease agreements regularly, ideally every year or two, to prevent potential issues. The video includes landlord tips and tricks, and viewers are advised to subscribe to the channel and enable notifications for new content released every Wednesday.

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.
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10 Important Rental Lease Clauses to Include Rent Liability. This clause states that tenants are jointly and severally liable for the full rent amount. Severability Clause. Access to Premises. Use of Premises. Holding Over. Sublet Rules. Disturbance Clause. Lessee to Maintain.
When Breaking a Lease Is Justified in New York You or Your Child Are a Victim of Domestic Violence. You (or Your Spouse) Are 62 Years of Age or Older and Moving to a Residential Facility for Seniors. You Are Starting Active Military Duty. The Rental Unit Is Unsafe or Violates New York Health or Safety Codes.
The Housing Stability and Tenant Protection Act (HSTPA) of 2019 limits the amount of a security deposit for any apartment to one months rent. It is unlawful for the owner to ask for an additional amount of money from the tenant, guarantor or third party.
The only way your landlord can deny you a renewal lease is through eviction in Housing Court. Following appropriate notice, a landlord may bring a summary nonpayment court proceeding to evict a tenant who fails to pay the agreed rent when due and to recover outstanding rent.
What Cant A Landlord Do? There are still limitations to a landlords power. These issues below are things that cross the line: Discrimination is a big deal in NYC law, and landlords cannot turn people away based on race, religion, age, disability, sexual orientation, gender, or creed.
At the beginning of their tenancy, all tenants can be required to give their landlord a security deposit, but it is limited to no more than one months rent. The one-month limit means that a landlord cannot ask for last months rent and a security deposit.
Here is an example of a rent amount clause in a lease: The Tenant agrees to pay $12,000 as rent, to be paid as follows: $1,000 per month, due on the 1st day of each month. Payment of the first months rent and any security deposit is due upon the signing of this Lease by the Tenant.
The most important clause to landlords is the duty of the tenant to pay the rent in full and on time. This includes the right to charge a fee for damages if payment is late. Other important clauses grant the landlord the right to enforce the rules and regulations written into the lease.
What follows are some important issues that should be carefully considered in commercial leases. Premises. Use. Delivery. Fixed Rent (a/k/a Base Rent). Operating Expenses and Real Estate Taxes. Maintenance and Repairs. Default. Assignment and Subleasing.
Landlords cannot charge more than one months rent for the security deposit, nor can they demand first and last months rent as a condition of occupancy.

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