New York Month-to-Month Lease Agreement

A New York month-to-month lease agreement is a contract landlords use to rent out residential property for one month at a time. This lease renews automatically at the end of each month and can be terminated with one month’s notice. The flexibility of this arrangement allows landlords to make frequent adjustments to the rent price, security deposit requirements, or other lease terms.

New York Month-to-Month Lease Agreement

A New York month-to-month lease agreement is a contract landlords use to rent out residential property for one month at a time. This lease renews automatically at the end of each month and can be terminated with one month’s notice. The flexibility of this arrangement allows landlords to make frequent adjustments to the rent price, security deposit requirements, or other lease terms.

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A New York month-to-month lease agreement is a contract landlords use to rent out residential property for one month at a time. This lease renews automatically at the end of each month and can be terminated with one month’s notice. The flexibility of this arrangement allows landlords to make frequent adjustments to the rent price, security deposit requirements, or other lease terms.

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Rental Application – Gathers background information from lease applicants, including their employment history, references, and contact details.

Month-to-Month Laws

• Termination Notice – A notice to quit must issued one month before the termination date. If the property is in New York City, the required notice period is 30 days. [1]
• Rent Increase Notice – The following notice periods must be provided for rent increases of 5% or more [2] :
  • 30 days’ notice if the tenant has occupied the unit for less than one year
  • 60 days’ notice if the tenant has occupied the unit for more than one year but less than two years
  • 90 days’ notice if the tenant has occupied the unit for more than two years

  Required Disclosures (10)

  1. Allergen Hazards Disclosure (NYC Only) (PDF) – This disclosure notifies tenants that the building owner is expected to perform an annual inspection for indoor allergen hazards such as mold, insects, and rodents. [3]
  2. Bedbug Infestation Disclosure (NYC Only) (PDF) – Landlords must give this disclosure to tenants to reveal whether the property has a history of bedbug infestation. [4]
  3. Building Smoking Policy Disclosure (NYC Only) (PDF) – If a residential building contains three or more units, this disclosure is required to identify the areas where smoking is permitted, if any . [5]
  4. Certificate of Occupancy – Landlords with three or fewer rental units must inform tenants whether the property has a valid certificate of occupancy (if one is required) and must provide them with a copy of the certificate. [6]
  5. Flood Disclosure (PDF) – Each lease must disclose whether the unit has prior damage from natural flooding and whether the property is in a floodplain, as determined by the Federal Emergency Management Agency. Leases must also include a flood insurance statement. [7]
  6. Lead-Based Paint Disclosure (PDF) – This disclosure is required when leasing residential property built before 1978 to inform tenants whether lead-based paint is present on the premises. [8]
  7. Security Deposit Receipt (PDF) – If the tenant pays a security deposit, the landlord must notify the tenant of the name and address of the bank where the deposit is kept. [9]
  8. Sprinkler System Disclosure (PDF) – This notice must be included in all residential agreements to disclose whether the property has an operational sprinkler device. [10]
  9. Stove Knob Covers Disclosure (NYC Only) (PDF) – Notifies tenants that landlords are responsible for installing stove knob covers on gas-powered stoves in rental units with children under the age of six . [11]
  10. Window Guard Disclosure (NYC Only) (PDF) – Used to inform tenants that the landlord is required to install window guards if the property is occupied by a child aged 10 or younger. [12]

  Sources

  1. RPP §§ 232-a, 232-b
  2. RPP § 226-c
  3. NYC Admin. Code § 27-2017.2
  4. NYC Admin. Code § 27–2018.1
  5. NYC Admin. Code § 17-506.1(b)
  6. RPP § 235-bb
  7. RPP § 231-b
  8. EPA/HUD Fact Sheet
  9. GOB § 7-103
  10. RPP § 231-a
  11. NYC Admin. Code § 27-2046.4(a)
  12. NYC Admin. Code § 27–2043.1