Lease Agreement for New York
Generate a lease agreement that complies with New York law — with 5 mandatory clauses and 10 compliance checks built in.
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Key legal considerations
You are generating a New York residential lease agreement. KEY RULES: (1) Security deposit is capped at ONE MONTH'S RENT (HSTPA 2019, Real Prop. Law § 7-108). Must be held in an interest-bearing account. Return within 14 days with itemized statement. (2) Warranty of habitability (Real Prop. Law § 235-b) is NON-WAIVABLE. (3) Notice periods: 30 days (<1 year), 60 days (1-2 years), 90 days (>2 years) per Real Prop. Law § 226-c. (4) NYC: Rent stabilization may apply — if so, include DHCR rider with rent history. (5) Late fees limited to $50 or 5% of rent (whichever is less), only after 5+ days late (HSTPA, Real Prop. Law § 238-a). (6) Lead paint disclosure for pre-1978 buildings (federal + NYC Local Law 1). (7) NYC requires specific lease riders. (8) HSTPA eliminated vacancy decontrol and vacancy bonus for rent-stabilized units.
What's required
Mandatory clauses for a valid lease agreement under New York law.
Security Deposit Limitations (HSTPA 2019)
NY Real Prop. Law § 7-108 (as amended by HSTPA 2019); NY Gen. Oblig. Law § 7-103
Warranty of Habitability
NY Real Prop. Law § 235-b; Park West Mgmt. Corp. v. Mitchell, 47 N.Y.2d 316 (1979)
Termination Notice Requirements
NY Real Prop. Law § 226-c (HSTPA 2019)
Rent Stabilization Notice (NYC)
NYC Admin. Code § 26-501 et seq.; 9 NYCRR § 2522.5
Lead Paint Disclosure
42 U.S.C. § 4852d; NYC Local Law 1 of 2004
What's prohibited
Terms and provisions that are void or unenforceable under New York law.
Waiver of warranty of habitability
The warranty of habitability under NY Real Property Law § 235-b is non-waivable. Any lease provision purporting to waive this warranty is void.
NY Real Prop. Law § 235-b
Security deposit exceeding one month's rent
The HSTPA (2019) limits security deposits to one month's rent for all residential tenancies. Additional deposits, fees, or charges used to circumvent this limit are prohibited.
NY Real Prop. Law § 7-108 (HSTPA 2019)
Late fee exceeding $50 or 5% of monthly rent
Under the HSTPA, late fees for rent-stabilized tenants cannot exceed $50 or 5% of the monthly rent (whichever is less). Late fees cannot be charged until the rent is 5 or more days overdue.
NY Real Prop. Law § 238-a (HSTPA 2019)
Legal references
Key statutes and regulations that govern lease agreements in New York.
New York Real Property Law
NY Real Prop. Law §§ 220–238-a
Governs landlord-tenant relationships in New York, including lease terms, security deposits, and tenant protections.
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Housing Stability and Tenant Protection Act (HSTPA 2019)
2019 NY Laws Ch. 36 (HSTPA)
Major 2019 tenant protection reform: limits security deposits to one month, eliminates vacancy decontrol, strengthens rent stabilization, and creates new notice requirements.
NYC Rent Stabilization Law
NYC Admin. Code § 26-501 et seq.
NYC rent regulation law governing rent increases, lease renewals, and tenant protections for stabilized apartments.
General Obligations Law § 7-103 (Security Deposits)
NY Gen. Oblig. Law § 7-103
Requires landlords to deposit security deposits in interest-bearing accounts and establishes rules for return of deposits.
Compliance checklist
Automated compliance checks for every New York lease agreement.
Security deposit does not exceed one month's rent
criticalWarranty of habitability included and not waived
criticalCorrect notice periods specified
warningRent stabilization rider included (if applicable)
critical
+6 more compliance checks
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