Our renter guide will provide information for you to be prepared and organized to find a rental property in New York City.
In New York City you will find many exciting neighborhoods with properties that suits your lifestyle.
This guide, will help you to learn the nuances that make New York City's rental process so unique and how to negotiate the best deal.
Most landlords will require annual income ranging anywhere from 35 to 50 times the monthly rent. These common income requirements will help you determine your budget, and whether you will need to use a guarantor.
In addition, research common documents landlords typically request in support of an application so you can begin to compile in advance.
Typically, renters are expected to provide checks for the first month's rent, a 1-month security deposit, and the broker's fee, at lease signing. Renters should expect to pay an application fee and save for moving expenses.
Trust your agent will identify the best options on the market for you based on your search criteria. Part of my agent's job is to review options that will not work for you, saving you precious time.
The New York City rental market moves at a rapid pace, which means that time is of the essence when it comes to applying for an apartment. When you decide to apply, your agent will guide you through the entire application process.
If you do not think are able to meet a landlord's qualification requirements on your own, many landlords allow applicants to apply with a personal guarantor (typically from the tri-state area), or a third-party guarantor company.
A guarantor co-signs a lease alongside the tenant. The guarantor is responsible for paying the rent if the tenant(s) fails to do so.
At lease signing, typically renters will be expected to remit funds for the first month's rent, the security deposit.
As your agent will furnish you with a list of your new building's service providers (internet, etc.) so you can set up your accounts. You will also be provided with the building's move in policies, if applicable
Please complete the renter form to find a new home that match your lifestyle.
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