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New York Lease Agreements

Create a legally compliant New York lease agreement that includes all state-required disclosures and clauses. Choose the document type that fits your rental situation, fill out the guided form, and download your professional PDF for $7.99.

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New York Lease Law Requirements Summary

Security Deposit Limit 1 month rent (as of June 2019 Housing Stability and Tenant Protection Act)
Deposit Return Deadline 14 days
Late Fee Cap $50 or 5% of monthly rent, whichever is less
Grace Period 5 days
Landlord Notice (Month-to-Month) 30, 60, or 90 days (based on length of tenancy)
Tenant Notice (Month-to-Month) 30 days
Entry Notice No specific statutory requirement; reasonable advance notice is implied

Verified against official New York landlord-tenant statutes. Last reviewed May 2026. How we verify our legal data.

A New York lease agreement is shaped by the Real Property Law and the 2019 Housing Stability and Tenant Protection Act, which reshaped deposits, fees, and notice rules statewide. Security deposits are capped at one month's rent, must be returned within 14 days of move-out with an itemized statement, and on many buildings must be held in an interest-bearing account.

Late fees are limited to $50 or 5 percent of the monthly rent, whichever is less, and apply only after a 5-day grace period. Notice to end a tenancy scales with how long the tenant has lived there under RPL 226-c: 30 days under a year, 60 days for one to two years, and 90 days beyond that. In New York City and other municipalities, rent stabilization may also apply to older buildings. A written agreement keeps these moving parts straight.

Frequently Asked Questions

Do I need a written lease agreement in New York?

While oral agreements may be enforceable for short-term leases, New York law strongly favors written lease agreements. A written lease protects both landlord and tenant by clearly documenting terms, responsibilities, and required disclosures under the New York Real Property Law. New York requires landlords to include specific disclosures such as Lead-based paint disclosure (federal law, pre-1978 housing) and Bedbug infestation history, landlord must provide written disclosure of known bedbug history in the unit and building for the past year (NY Admin Code § 27-2018.1, NYC only, but best practice statewide), which must be in writing.

What are New York's security deposit rules?

In New York, the security deposit is capped at 1 month rent (as of June 2019 Housing Stability and Tenant Protection Act). Landlords must return the deposit within 14 days after the tenancy ends. Interest on security deposits is required by state law. Deductions must be itemized in writing.

How much does a New York lease agreement cost?

Each lease agreement costs $7.99. Choose your document type, fill in your details through our guided form, and download your completed, New York-compliant PDF instantly. Re-download available for 5 days.

What is New York rent stabilization and does it affect my lease?

New York's rent stabilization system (overseen by DHCR) applies to most apartments in New York City and some nearby counties built before 1974. Rent-stabilized tenants have the right to lease renewals, and rent increases are set annually by the Rent Guidelines Board. The 2019 Housing Stability and Tenant Protection Act strengthened stabilization rules and limited landlord deregulation. Landlords must include a rent stabilization rider in covered leases or face penalties.

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