Formswift: Take the stress out of leasing with our New York lease agreement template

Create a thorough New York lease agreement in no time. Our user-friendly platform streamlines the process, allowing you to tailor the agreement to your specific real estate rental needs.

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What is a New York lease agreement?

Unlike a rental application, a New York lease agreement is a legal contract between a landlord and a tenant. It establishes both parties’ responsibilities throughout the tenancy, providing a clear framework for tenant’s rights, landlord’s rights, and rental laws.

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Most commonly used New York lease agreements

In New York and NYC, the most commonly used lease agreement is the fixed-term residential lease agreement. This comprehensive document covers essential aspects such as:

  • Lease duration
  • Rent payment details
  • Security deposit requirements
  • Property managers
  • Pet policies
  • Maintenance responsibilities
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How to write a New York lease agreement

Writing a New York lease agreement may seem daunting, but it’s easy with our intuitive platform.

  1. Begin by gathering essential information, such as the names of the landlord (lessor) and tenant (lessee), property address, and the term of the lease.
  2. Customize the agreement to include specific clauses and provisions that meet your requirements. Our platform allows you to add or modify terms effortlessly.
  3. Ensure that all necessary details are included, such as rent amount, due dates, late payment penalties, and procedures for terminating the lease or eviction.
  4. Review the agreement carefully to verify accuracy and clarity. You can also seek legal advice if needed.
  5. Once you're satisfied with the document, both the landlord and tenant should sign the lease agreement.
Which disclosures belong in a New York lease agreement?

If the rental property was built pre-1978, federal law requires landlords to inform tenants of lead-based paint hazards.

New York state law means landlords must also provide tenants with:

  • Information about window guards and their availability
  • Any history of bedbug infestation
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What you need to know about New York lease agreement deposits

New York landlords can collect a security deposit from tenants, up to one month's rent.

This must be stored in a New York bank, and the tenant informed of the bank's name and address.

After the tenant moves out, landlords have 14 days to return the deposit or provide an itemized list of deductions.

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Frequently asked questions

Yes, our platform allows you to customize the template to suit your rental unit’s specific needs. You can add, remove, or modify clauses as necessary.

While oral agreements can be valid in New York, having a written lease agreement is highly recommended (even for month-to-month agreements or subletting).

Early termination of a New York residential lease agreement can have legal and financial consequences. Refer to the rental agreement and seek legal advice before terminating a lease early.

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