The type of lease used in New York City may vary depending upon the type of building and the conditions under which it is rented. Often, landlords will include riders that may supersede or effectively change language in the lease. It is important to read the riders carefully because they can nullify any clause in the lease agreement. Both parties must sign any riders added to a lease.
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REBNY Standard Form of Lease
This lease has its stabilized and non-stabilized variation and
it is primarily used when renting in rental buildings as
opposed to renting in a condominium or in a co-operative.
When used for a rent- stabilized apartment, a rent
stabilization rider must be attached to the lease. Under the
Rent Stabilization laws, the State of New York sets the
annual rent increases and the lease is automatically offered
for renewal each year.
Condominium Lease Agreement (Blumberg A101)
This lease may contain a cancellation clause and/or require
the lessee to pay any increases in condo charges in addition
to rent. Most landlords will allow tenants to remove these
two items from the lease. Whenever possible, we recommend
using REBNY Condominium Lease instead of the Blumberg
form A-101.
Sublease Agreement (Blumberg P193)
This lease form is used most often when renting
in a co-operative apartment and in virtually all
sublet situations. It is a one-page legal document
and various riders are often attached. As in the
case with the condominium leases above, we
recommend using REBNY Co-operative Sublease
Agreement instead of the Blumberg form P-193.
Lease Agreement (Blumberg A55)
Predominately used for leasing Townhouses,
Brownstones, and Single Family Structures.
This lease is also easy to understand. Again,
various riders could be attached and need to be
reviewed prior to the execution of the lease.