New York Condominium Unit Lease Agreement Form

New York Condominium Unit Lease Agreement Form
New York Condominium Unit Lease Agreement Form
Condominium Unit Lease
Consult your lawyer before signing this lease
Landlord and Tenant agree to lease the Unit and the Stated Interest in the Common Elemenst
at the rent and for the term stated:
PREMISES:
UNIT:
CONDOMINIUM ASSOCIATION
GARAGE SPACE: GARAGE FEE:
LANDLORD:
Date of Lease:
Lease Term:
Commencement Date:
Termination Date:
TENANT:
Annual Rent: $
Monthly Rent: $
Security Deposit: $
1. Use and Occupancy
The Unit may only be used strictly for residential purposes
and may only be occupied by Tenant and Tenant’s spouse and
children.
2. Inability to Give Possession
The failure of Landlord to give Tenant possession of the Unit
on the Commencement Date shall not create liability for
Landlord. In the event that possession of the Unit is not
delivered on the Commencement Date, Monthly Rent hereunder
shall begin on the date that possession of the Unit is delivered to
Tenant and shall be prorated for that portion of the month in
which possession is delivered.
3. Rent
A. Tenant shall pay Monthly Rent in full on the first day of
each month of the Lease. Monthly Rent shall be paid in
advance with no notice being required from Landlord. Tenant
shall not deduct any sums from the Monthly Rent unless
Landlord consents thereto in writing. Rent shall not be abated
or forgiven due to damage to or inability to use the common
elements.
Upon signing this Lease, Tenant shall pay Landlord the first
Monthly Rent due and the Security Deposit. The entire amount
of rent due for the Lease Term is due upon signing this Lease;
however, Landlord consents to the Tenant paying same in
monthly installments provided there exists no defaults by
Tenant under the terms of this Lease.
B. Additional Rent may include, but is not limited to
1. any additional insurance premiums and/or expenses
paid by Landlord which are chargeable to Tenant as stated
hereinafter:
2. all increases in Common Charges, Common
Expenses and Association dues allocated to the Unit which are
in excess of those charges as of the date this Lease is executed;
3. any increase in the real estate taxes above the real
estate taxes being levied for the tax year in effect as of the date
this Lease is executed.
Additional Rent is due and payable with the Monthly Rent for
the next month after Tenant receives notice from Landlord that
Additional Rent is due and payable.
3. Condition of Unit
Tenant acknowledges that Tenant is accepting the Unit in its
“as is” condition. Tenant further acknowledges that Tenant has
thoroughly inspected the Unit and has found the Unit to be in
good order and repair and that the appliances, if any, are in good
operating condition. Tenant further states that Tenant knows
how to operate the appliances and shall do so in accordance with
the manufacturer’s instructions.
Landlord is not responsible in any way for errors contained in
the condominium brochure or plans.
5. Security
The Security Deposit is due upon the Tenant signing this
Lease. The Security Deposit shall not be used for the payment
of Monthly Rent and/or Additional Rent unless agreed to, in
writing, by Landlord and Tenant. Within ten (10) days after
Tenant surrenders possession of the Unit at the expiration of the
Lease Term, Landlord shall return the Security Deposit, less any
cost of repairs as authorized by this Lease, to Tenant at an
address Tenant provides.
6. Services and Utilities
Tenant is responsible for paying all electric, gas, water,
telephone and any other utilities allocated to the Unit. Use of a
dishwasher, clothes washer and dryer machines, freezer, air
purifier, portable heater, air conditioner or similar appliances is
prohibited without Landlord’s written consent.
Landlord will supply (a) heat, in such quantity and for such
time as mandated by law, (b) hot and cold water, (c) air
conditioning, if already existing in the Unit (the “Services”). If
the Services are temporarily interrupted due to an accident,
emergency and/or repairs, Tenant’s obligation to pay rent, in
full, shall not be affected thereby.
Landlord will also supply a refrigerator, stove/oven,
dishwasher, window air conditioning unit, clothes washer and
clothes dryer (the “Appliances”). Any damage to the Appliances
which is caused by the willful and/or negligent acts of Tenant
may be repaired by Landlord, the cost of which shall be
Additional Rent.
(Tenant shall pay for the following services either directly or
to Landlord when billed:
7. Furnishings
The Unit is being delivered (furnished) (unfurnished). If
furnished, Landlord has given an inventory of the furnishings
xxxxxxxxxxx
Furnished /Unfurnished
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