Month To Month Rental Agreement New York

New York City (NYC) – In the District of New York, 30 days` written notice is required, instead of one month as in the rest of the state. A New York Month to Month Lease Agreement is a shorter, less formal contract that expires each month and is renewed at the time of rent payment. This type of agreement has no deadline. Since this is a shorter-term agreement, a monthly lease may be subject to more regular renegotiations. Even if it is a monthly lease, the lessor most likely requires a deposit paid and held by the landlord to make repairs that may need to be made if the tenant evacuates the property. If the tenant decides to evacuate the property without giving the required 30-day notice period, the lessor can legitimately withhold the deposit paid. If the property has been properly evacuated and the property no longer causes damage after emptying, the tenant must repay his deposit. Sam Himmelstein, Esq. represents NYC tenants and tenant associations in litigation regarding evictions, rent increases, rent conversions, the Rent Stabilization Act, lease buybacks and many other matters. He is a partner at Himmelstein, McConnell, Gribben, Donoghue & Joseph in Manhattan. To submit a question for this topic, click here.

To seek legal advice, email Sam or call (212) 349-3000. In principle, the tenant can stay in the rental unit until the landlord or tenant decides otherwise. Monthly rents are beneficial in that they are much more flexible for tenants, especially if they are not sure of the length of their stay in a particular property. If tenants are not sure whether or not they fully understand the language of the agreement, they may consider consulting with the lawyer of their choice to clarify this point. For those living in NYC, either the landlord or tenant must send written notice to the other party at least thirty (30) days prior to the next rent payment. For those who live outside the city, one (1) month`s notice is required to legally terminate the contract. Although thirty (30) days are substantially the same as one (1) month, it is important to understand the difference as months of less than thirty (30) days can lead to too short a notification…