Dos & Don'ts

Allow Early Lease Termination for Tenants Complying with Military Orders

February 22, 2010    

If you have a tenant who is a military service member and needs to terminate a lease due to military orders for relocation, you should return any prepaid rent and security deposits due...

Don't Require Rent to Be Paid Months in Advance

February 22, 2010    

Make sure nothing in your lease requires rent-stabilized tenants to pay their rent in advance. For example, if you require prospective tenants to pay a year's rent in advance, the Division of Housing and Community Renewal (DHCR) may consider the rent paid to be a rent overcharge.