Affordable housing is a hot-button issue these days. Prospective renters have long been concerned with housing costs and the state of New York is listening. As many current laws come up for renewal in Summer 2019, significant changes could be on the way. Governor...
Year: 2019
Can you get a felony for renting?
Many renters act responsibly, according to the terms of their lease. If you have a rental agreement, you likely pay your rent on time, adhere to the pet restrictions and understand that you will have to pay for any damage you cause to your rental unit.Likewise, if you...
Can you reduce the number of rent-controlled tenants you have?
Rent control in New York City can make a huge difference in the income you're able to make off your property. While the program is meant to keep rent prices high enough to cover utility and maintenance costs, it's not likely to compare to the market value you could be...
Guidelines for keeping and returning a security deposit
The return of a security deposit is one of the most common landlord-tenant disputes. This payment can keep your tenants from costing you extra in repairs.However, if it's not handled correctly, it could also result in a lawsuit against you. Here are a few guidelines...