It is a good idea to familiarize yourself with the language and guidelines of the various types of Leases and Riders in Manhattan so you know what to expect upon arrival. You should review these documents and ask any questions you may have pertaining to them before you sign your lease. There are essentially three types of rental leases.
Standard (stabilized and non-stabilized)
This lease is the least complicated and of the three, and generally has the easiest approval process. There are two types of Standard Leases:
This is a rental lease for a privately owned apartment. The approval process is moderately difficult and the tenant may need additional financial requirements, paperwork and may be expected to pay additional fees.
Sample Condo Lease
This is actually a sub-lease agreement between the owner of the unit and the tenant. It has the most difficult approval process and tends to take the longest to complete. Extensive additional financial requirements, paperwork and high processing fees are required.
Sample Co-op Sublease
Federal, City and State Riders
In addition to your standard lease, you will often encounter Riders. These are addendums that always take precedent over whatever is stated in the actual lease. Riders are primarily concerned with safety and typically cover:
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Check out samples of leases and riders you will find throughout the Manhattan rental market.
A list of maps and transit options available in New York City and beyond.
Print out our moving checklist so you can be sure to have all your ducks in a row before you move.
Know the pertinent steps to buying an apartment in Manhattan. The guidance you receive can make or break your deal. Know before you go.
We know real estate terms and abbreviations can get confusing, so we’ve put together a list of terms and definitions for you.