Many of the landmark rent laws that took effect this summer in New York were aimed at adding protections for renters. They address things like evictions, notices of rent hikes, security deposits, rent caps and application fees.
Investing in rental property is an effective way of building a solid income or padding an existing nest egg. Everyone needs a place to live, after all. However, without proper preparation, novice landlords may begin to experience costly landlord-tenant disputes. Such disputes can quickly deplete your savings and also make you regret your decision to become a landlord in New York.
In a word, yes. Many people living with a disability experience great benefits from the presence of a service or assistance animal. However, some New York landlords do not permit pets inside their rental units.
It is your property. You own it, so you can go inside of a unit whenever you need to, right? Well, sure, it is your property, but your tenants have rights, and one of those is the right to privacy. As a responsible New York landlord, you need to enter your properties occasionally for repairs or maintenance. How can you accomplish this without starting a costly and time-consuming landlord-tenant dispute?
Renting out real estate is one of the most successful ways to improve your income. New York landlord-tenant laws are more complex than property laws in many other states. This means that being a landlord in the state is not without some amount of risk.
The Housing Stability and Tenant Protection Act of 2019 (TPA) was signed into law this past June, affecting more than one million apartments in New York City alone. Supporters say the law provides strong protections for tenants and significantly changes the Empire State's rent laws.
Most landlords in Queens may not have a legal advocate to protect their interests. As attorneys, we understand this. After all, legal assistance can be costly and most property owners do not want to spend money unnecessarily. Unfortunately, saving a buck or two right now might cost you more down the line if landlord-tenant disputes arise.
Many disagreements can happen between New York landlords and their tenants due to conflicting views over a lease agreement. Conflicts are frequent between renters and landlords whether it’s over repairs or the return of a security deposit.
The Fair Housing Act of 1968 prevents any landlord from discriminating against potential tenants. That may sound simple and straightforward. However, there are many more aspects of this act that New York landlords must understand, so they can avoid accusations of discrimination.
In New York, the relationship between a landlord and tenant can be complex. Both have their own set of expectations regarding what is to take place. Disagreements frequently lead to disputes and even litigation.