Leaser’s guide
Renting a house or an apartment in New York City can be very disquieting for many people. This is because of the overwhelming and very fast past process, coupled with the fact that there is always stiff competition. Therefore, it is helpful to get the right guidance as it relates to the process of Renting in New York from people or establishment who knows how it works. Below is a detailed guideline as to the Rental process and the documentation that is required when renting.
A Rental Agreement or Lease Agreement is a legal contract that sets out the rules landlords and tenants agree to follow during their rental relationship. It contains practical details and guidelines such as how long the tenant can occupy the property, the amount of rent due each month, how many people/s is agreed to move into the rental unit, the action that can be taken if the rent is not paid as agreed upon and how the landlord/Tenant is protected by the laws of the land.
To Rent a Property in New York City the following is a list of documentation that must be presented to the Realtor for review by the Landlord:
Required Rental Application Documentation
- 1 Month Pay Stub
- 2 Year Tax Return/W2
- Photo ID
- 1 Month Bank Statement
- Credit Report
- Rental Application
