The relationship of landlord/tenant or lessor/lessee is created by contract. The person who owns the real property is known as the lessor or landlord. The lessee, or tenant, is the one who occupies the property.
Tenancies are classified by duration as tenancies for years, from year to year, month to month, and at will. A tenancy for years is one under which the tenant has an estate of definite duration. The term "for years" is used to describe such a tenancy even though the duration of the tenancy is for only one year or for less than a year. A tenancy from year to year or month to month is one under which a tenant, holding an estate in land for an indefinite duration, pays an annual, monthly, or weekly rent.
A New York Lease of Unfurnished House is a legal agreement between a landlord and a tenant for the rental of an unfurnished residential property in New York. This type of lease outlines the rights and obligations of both parties pertaining to the rental period and terms of occupancy. The lease agreement typically specifies key elements such as the duration of the lease, the rent amount, the security deposit requirement, and the responsibilities of the tenant regarding utilities, maintenance, and repairs. It is crucial for both parties to thoroughly review and understand all terms and conditions stated in the lease before signing. There are several types of New York Lease of Unfurnished House, which cater to different rental situations and needs: 1. Fixed-term Lease: This type of lease specifies a specific rental period, usually for one year, during which both the tenant and landlord are obligated to adhere to the agreed-upon terms. At the end of the lease term, both parties have the option to renew or terminate the lease. 2. Month-to-Month Lease: Unlike a fixed-term lease, a month-to-month lease continues on a monthly basis until either the tenant or the landlord decides to terminate the agreement by providing a specified notice period (usually 30 days). This type of lease offers more flexibility but can result in frequent rent increases. 3. Rent-Controlled Lease: In certain areas of New York, particularly in designated rent-controlled or rent-stabilized buildings, specific regulations govern the rent increases and eviction protections for tenants. These leases aim to provide affordable housing options and offer additional rights to tenants beyond what is typically provided in a standard lease. 4. Lease with Option to Buy: This type of lease includes a provision that allows the tenant to purchase the property at a specified future date at a predetermined price. The tenant pays a non-refundable option fee for this privilege, which can be applied towards the purchase price if they decide to exercise the option. Each type of New York Lease of Unfurnished House has its own unique requirements and considerations. It is essential for both landlords and tenants to familiarize themselves with the specific lease type they are entering into to ensure a smooth and legally compliant rental experience.A New York Lease of Unfurnished House is a legal agreement between a landlord and a tenant for the rental of an unfurnished residential property in New York. This type of lease outlines the rights and obligations of both parties pertaining to the rental period and terms of occupancy. The lease agreement typically specifies key elements such as the duration of the lease, the rent amount, the security deposit requirement, and the responsibilities of the tenant regarding utilities, maintenance, and repairs. It is crucial for both parties to thoroughly review and understand all terms and conditions stated in the lease before signing. There are several types of New York Lease of Unfurnished House, which cater to different rental situations and needs: 1. Fixed-term Lease: This type of lease specifies a specific rental period, usually for one year, during which both the tenant and landlord are obligated to adhere to the agreed-upon terms. At the end of the lease term, both parties have the option to renew or terminate the lease. 2. Month-to-Month Lease: Unlike a fixed-term lease, a month-to-month lease continues on a monthly basis until either the tenant or the landlord decides to terminate the agreement by providing a specified notice period (usually 30 days). This type of lease offers more flexibility but can result in frequent rent increases. 3. Rent-Controlled Lease: In certain areas of New York, particularly in designated rent-controlled or rent-stabilized buildings, specific regulations govern the rent increases and eviction protections for tenants. These leases aim to provide affordable housing options and offer additional rights to tenants beyond what is typically provided in a standard lease. 4. Lease with Option to Buy: This type of lease includes a provision that allows the tenant to purchase the property at a specified future date at a predetermined price. The tenant pays a non-refundable option fee for this privilege, which can be applied towards the purchase price if they decide to exercise the option. Each type of New York Lease of Unfurnished House has its own unique requirements and considerations. It is essential for both landlords and tenants to familiarize themselves with the specific lease type they are entering into to ensure a smooth and legally compliant rental experience.
