Renters

You should always confirm what to bring to a lease signing with the management company / landlord or your real estate agent before showing up, but generally the following is required: U.S. driver’s...

Technically, there is no “standard” broker fee for rental transactions.  15% is generally the maximum that an agent will charge for his or her services and tends to be a starting point...

Getting a reduction in monthly rent would require you making an offer of less than the asking rent for a particular apartment.  Put yourself in the landlord’s shoes and think about what...

The majority of buildings in NYC provide their tenants with water, gas and heat (non-electric), included in the rent.  Electric, internet, cable and phone are typically not included and are the responsibility...

After you complete the approval and lease signing process for an apartment rental, there are a number of important tasks to take care of immediately, since timing can depend on other factors...

Yes.  By law, broker fees in New York are negotiable.  However, there are two sides to a negotiation and both parties must be satisfied with the agreed upon amount or there is...

Generally, large landlords do not allow tenants to make modifications to a lease prior to signing.  Most use standard lease forms like REBNY or Blumberg that they are comfortable with and thus...

Management companies / landlords possess various application requirements, but generally share similar policies with respect to good credit, adequate income, employment and guarantors (if applicable).  The most important aspects of any application...

Some management companies / landlords require a deposit when submitting an application for an apartment.  The deposit can be several hundred dollars to one month’s rent and is used to ensure that...

There are a number of factors that go into finding a quality real estate agent.  When searching for your next home, you’ll want to use the services of an agent who will...