Lease Agreement Guide in NYC – 2026

Signing a lease is one of the most important steps when renting an apartment in New York City. A lease is a legally binding contract between you (the tenant) and the landlord, outlining rights, responsibilities, and rules for the rental period.

Types of Lease Agreements

• Fixed-Term Lease: Usually 12 months. Rent and terms are set for the duration of the lease.
• Month-to-Month Lease: Offers flexibility to leave or renew monthly. Rent may change with proper notice.
• Sublease: When a current tenant rents out their apartment to another tenant. Requires landlord approval in most cases.

Key Clauses to Understand

Before signing, carefully review the following clauses:

• Rent Amount and Payment: Monthly rent, due date, late fees, and payment method.
• Security Deposit: Amount, conditions for return, and deductions.
• Utilities: Which utilities are included and which you must pay separately.
• Maintenance and Repairs: Responsibilities of landlord vs tenant.
• Termination: Conditions for ending the lease early or renewing.
• Rules and Restrictions: Pet policies, guests, noise, smoking, etc.

Tenant Rights in NYC

New York City tenants have strong legal protections. Key rights include:

• Right to a habitable apartment – safe, clean, and functional.
• Protection from illegal eviction – landlords must follow legal eviction procedures.
• Right to challenge rent overcharges – especially in rent-stabilized apartments.
• Right to privacy – landlords cannot enter without proper notice except in emergencies.

Tips for Reviewing a Lease

• Read the entire lease carefully before signing; do not rely solely on verbal promises.
• Ask for clarification on any ambiguous terms.
• Check that the lease includes all agreements made with the landlord (repairs, furniture, etc.).
• Take photos of the apartment’s condition before moving in for future reference.
• Keep a signed copy of the lease and all communications with your landlord.

Final Advice

Understanding your lease agreement protects you from unexpected fees, disputes, and legal issues. Take your time, ask questions, and ensure all agreements are documented in writing. A clear lease sets the foundation for a smooth rental experience in New York City.