I'd like to ask for a (insert dollar amount) reduction to my monthly rent, however, I'm open to negotiate and compromise. If you accept this request, I'd be able to continue my lease and call this home. Can we schedule a time to meet and discuss this in more detail?
What are my rights if my apartment is flooded in NYC?
If your apartment becomes damaged and uninhabitable by fire, water damage, or other problems that were not caused by you, then you may be able to leave the apartment and cancel the lease on three days' notice to the landlord. In this case, you will not have any further obligation to pay rent to the landlord.
What to do when you have water leaking from the ceiling?
- Turn Off the Water Supply.
- Move or Cover Your Furniture.
- Create a Small Drainage Hole.
- Determine the Source of the Leak.
- Examine the Roof.
- Call a Plumber.
What are my rights if my apartment flooded in Florida?
If you are able to stay in the unit, you must continue to pay rent. The landlord is not responsible to damage caused by a natural disaster to your personal belongings. That is covered by your renters insurance. In Florida, nothing requires a landlord to prevent hurricane damage to your rented house or apartment.
How do you request to decrease rent?
I am extremely worried about my situation. I would appreciate it if you would agree to a reduction in rent equivalent to the loss of income I have experienced. I have been your tenant for [insert period of time] and met my obligations to you previously. A reduction in rent at this time would be greatly appreciated.
How much does it cost to combine two apartments in NYC?
While every apartment combination project is unique, one thing is certain—combining apartments legally and with an eye to design isn't a small-scale endeavor. Capece explains, “In New York City, owners should generally estimate about $400 per square foot when working on any renovation.
How much can rent stabilized apartments increase nyc 2023?
For a two-year lease beginning on or after October 1, 2023, and on or before September 30, 2024: For the first year of the lease: 2.75% For the second year of the lease: 3.20% of the amount lawfully charged in the first year, excluding any increases other than the first-year guideline increase.
Frequently Asked Questions
How do you combine units in NYC?
What are the rights of rent stabilized tenants in nyc?
Rent stabilization provides protections to tenants besides limitations on the amount of rent increases. Tenants are entitled to receive required services, to have their leases renewed, and may not be evicted except on grounds allowed by law. Leases may be renewed for a term of one or two years, at the tenant's choice.
How to sue my landlord for unsafe living conditions in New York?
You can sue your landlord in housing court to force them to make the repairs. This is a special kind of case called a "Housing Part" case, or more commonly, an "HP action" or "HP case." An HP action is a case that you file against your landlord when the landlord will not make repairs or provide services.
Who oversees rent stabilized apartments NYC?
You should contact NYS Homes and Community Renewal (HCR), the agency which administers the rent laws, to find out if your apartment is rent stabilized.
Does rent stabilization expire NYC?
In particular, because of the tax benefit, rental apartments are often subject to rent stabilization, usually also only for a certain time period. This section of the law is enacted for a few years at a time and then expires, unless renewed.
Can a landlord refuse to renew a rent stabilized lease NYC?
In NYC, an owner may refuse to renew a rent stabilized tenant's lease because the owner has an immediate and compelling need to possess the apartment for use as his or her primary residence or as a primary residence for his or her immediate family.
Can a landlord kick you out of a rent stabilized apartment NYC?
How does the IRS know if I have rental income?
Ways the IRS can find out about rental income include routing tax audits, real estate paperwork and public records, and information from a whistleblower.
FAQ
- Do I have to pay taxes on income from a roommate?
The bad news is that the rent you receive is taxable income that you must report to the IRS. The good news is that your taxable rental income can be wholly or partly offset by the tax deductions you'll be entitled to.
- What is the difference between shared living expenses and rental income?
- Rental income is cash received from a tenant, or work done by a tenant in lieu of paying rent. Shared expenses are a tenant's share of expenses – such as repairs, insurance, mortgage, interest, and property taxes. Two common ways to calculate shared expenses are by the number of rooms or the square footage of the home.
- Can you use savings as proof of income?
In this case, it is best to open a basic savings account and deposit all your income, so the statement of that account will serve as proof. If you choose this option, keep in mind that the same amount of money must be deposited for at least three months in order to verify that you have a fixed income.
- What happens if my expenses are more than my rental income?
If your rental expenses exceed rental income your loss may be limited. The amount of loss you can deduct may be limited by the passive activity loss rules and the at-risk rules. See Form 8582, Passive Activity Loss Limitations, and Form 6198, At-Risk Limitations, to determine if your loss is limited.
- How long does the application process take for rent stabilized apartment at the dean
Get answers to some of the most frequently asked questions we receive about our off campus student housing near UIUC. Contact us today to learn more!
- How to rent a house without a job forum
Feb 17, 2020 — @Matt J. It depends on the circumstances. If they are moving and have consistent, high paying, employment history in a field that has opportunities where my
- What does it mean when a lease is surrendered?
A lease is surrendered when the tenant's interest is transferred back to the landlord and both parties accept that it will be extinguished. This can be done formally, by deed, but this is not always necessary.
- What is a surrender document?
A deed of surrender is a legal document that transfers property ownership for a given time period provided certain conditions are met. A deed of surrender lets one party, such as a renter, relinquish his or her claims on a particular piece of property to a landlord or other party that holds the underlying title.
How do u report a slum lord for rent stabelzied apartment
| What does surrender mean in law? | A surrender is either by express words by which a lessee manifests his intention of giving his possession or by the operation of law, which happens when the parties without an express surrender do some act which implies that they have both agreed to consider the surrender as made. |
| What is an example of a letter of termination of lease? | Dear (landlord's name), I, (Tenant's Name), am writing to inform you that I intend to terminate my lease agreement. I am delivering this notice (number of days before your lease ends) days before my lease for (rental unit address) comes to an end. The last day of my tenancy will be on (day, month, year). |
| Do you have to accept a surrender? | 5 In its legal dimension, where a valid offer of surrender is communicated to and received by an opposing force, it is legally obligated to accept that offer and refrain from making surrendered persons the object of attack. |
| What is the maximum rent increase in NYC rent stabilized? | For a one-year lease beginning on or after October 1, 2022, and on or before September 30, 2023: 3.25% For a two-year lease beginning on or after October 1, 2022, and on or before September 30, 2023: 5% |
| How much can a landlord raise rent in NYC not rent stabilized? | If you find that your apartment is not rent stabilized, there is no limit on the rent increase that can be charged at the end of your lease. If you have no lease, or your lease has expired, you are considered a “month-to-month” tenant. |
| Can you increase rent stabilized apartment in NYC? | Overview. Owners of rent stabilized apartments may legally increase the rent in several ways, including lease guideline increases, Major Capital Improvement (MCI), and Individual Apartment Improvement (IAI) increases. |
| How to negotiate a rent increase in NYC? | To fight a rent increase in NYC, you can try to negotiate with your landlord by asking for an explanation, staying calm and polite, reminding them of your good tenancy, and offering a compromise. If negotiation doesn't work out, it's best to keep your options open. |
| What is the preferential rent loophole in NYC? | The 2019 rent laws apply to leases in effect on June 17, 2019 and to renewals after that date: Under the old law, a landlord could take away your preferential rent at the end of your lease, unless your lease said it continued throughout your tenancy. |
- Why does NYC have rent stabilized apartments?
Rent stabilization is a form of rent regulation; it helps combat the City's housing crisis by making sure some units remain affordable. Almost half of all apartments in New York City are rent stabilized.
- Can you sell a rent stabilized apartment in NYC?
In most cases, when the rent-stabilized tenant vacates the apartment, the owner of the apartment can sell it or re-rent it free of the rent-stabilized restrictions. In this situation, a landlord can unlock the equity in the apartment, which is likely to be substantial.
- Who is still buying NYC rent stabilized buildings?
It is New York City After All
While institutional investors are pivoting, new (and old) long-term investors with patient capital, mostly private high net worth individuals and family office investors, are staying with rent-stabilized assets.
- Can a landlord raise rent if another person moves in NY?
- More Occupants Might Mean More Rent Unless your rental unit is covered by rent control—or if the landlord is using a big rent increase as a not-so-subtle way to illegally discriminate against you—your landlord can ask for as much extra money as the market will bear.
- Can my landlord raise my rent if my boyfriend moved in California?
- Landlords cannot raise rent more than 10% total or 5% plus the percentage change in the cost of living – whichever is lower – over a 12-month period. If the tenants of a unit move out and new tenants move in, the landlord may establish the initial rent to charge.
- Can my boyfriend move in with me in my apartment?
- It's entirely up to your landlord. Most landlords require ALL adults living on the premises to be on the lease either as a co-tenant or an “other occupant”. They will require that all adults fill out applications and go through the background check.
- Should I tell my landlord my boyfriend is moving in?
Should I tell my landlord that my boyfriend is moving in? Yes, you should. If you don't, you have violated your lease agreement (which should specify who/how many people live in the premises) and you can be evicted for cause. Once you're evicted, you won't be able to rent anywhere for a very long time (years).
- Can my girlfriend live with me without being on the lease?
Can someone live with you without being on the lease? Yes, someone can live with the tenant without being on the lease. However, it is important to distinguish the difference between a guest and a long-term guest.