If you`re looking to rent a property in the state of New York, it`s important to be familiar with the rental agreement addendum. This document is a supplement to the standard rental agreement and covers additional terms and conditions specific to the property and the landlord.
One of the most important things to understand about the rental agreement addendum in New York is that it`s a legally binding contract. This means that both the tenant and the landlord must abide by its terms and conditions, and any violations of the agreement can result in legal action.
Here are some common terms and conditions you might find in a New York rental agreement addendum:
1. Late Fees: The addendum may specify the late fees that will be charged if rent is not paid on time.
2. Maintenance and Repairs: The landlord may outline the tenant`s responsibilities with regards to maintaining the property and reporting any necessary repairs.
3. Utilities: The addendum may specify which utilities are the tenant`s responsibility and which are covered by the landlord.
4. Pets: If the property allows pets, the addendum may outline any additional fees or restrictions related to pet ownership.
5. Parking: If parking is provided, the addendum may specify where tenants are allowed to park their vehicles.
6. Move-in/Move-out Procedures: The addendum may outline the steps tenants must take when moving in or out of the property.
It`s important to thoroughly read and understand the rental agreement addendum before signing it. If you have any questions or concerns, don`t hesitate to ask the landlord or their representative.
In addition to understanding the rental agreement addendum, it`s also important to ensure that you comply with all New York State laws related to renting. For example, New York State law requires landlords to provide tenants with a written notice before raising the rent, and prohibits landlords from retaliating against tenants who exercise their legal rights.
By understanding the rental agreement addendum and New York State rental laws, you can ensure a smooth and successful rental experience.