A New York month-to-month lease agreement is a short term rental contract. This flexible lease option renews monthly until the landlord or tenant gives appropriate notice to quit. Like a standard lease, a month-to-month agreement typcally requires a security deposit and a credit check.
A New York month-to-month lease agreement is a short term rental contract. This flexible lease option renews monthly until the landlord or tenant gives appropriate notice to quit. Like a standard lease, a month-to-month agreement typcally requires a security deposit and a credit check.
Termination Notice: State law requires the tenant or landlord to give one month’s notice (§ 232-B). In New York City, the notice is 30 days for a tenant who has been with the property for less than one year, 60 days for a tenant who has been with the property for between one and two years, and 90 days for a tenant who has been with the property for more than two years (§ 226-C(2)).
Increasing Rent: If the landlord raises the rent by more than 5%, they must give a 30-day notice for tenants who have rented for less than one year, a 60-day notice for tenants who have rented for between one and two years, and a 90-day notice for tenants who have rented for more than two years (RPP § 226-c).
Generate for Free
Adobe PDF
Microsoft Word
Generate for Free
Generate for Free
Adobe PDF
Microsoft Word