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If you are renting an apartment in NYC for the first time? Remember that finding the right apartment and getting to the point to sign the lease can be quite overwhelming. You spend hours looking at the listing and getting eligible for the apartment you like. Deciding if you are going to save money and do it yourself or use help the professional can be exhausting. But what happens when you do get to the point to sign the official document? Follow our guide and learn everything about signing a lease in NYC. Look at the most important steps you should take and organize before you step into a new NYC apartment as a renter.
What to do before you start looking for the NYC apartment?
In case you are one of those people that dream of living in NYC, you will prepare for that big life event. If you are planning to live in NYC for a longer period of time, you should start saving money for all of the upcoming expenses. Professionals advise that you start your preparations a year in advance before the moving day. That way you will be able to save enough, especially if you’ll need to hire storage services to find the best storage unit, which is something many New Yorkers do. At the same time, you won’t put a strain on your budget. If you are planning to sell your current residence, you should make sure you get the best selling price for your property. Consider photographing your home for a better selling price and hire the best real estate agent to represent your interests. On the other hand, he will help you sell the property fast and get the most favorable terms of the deal for you.
Another thing you should think through before moving to New York City is finding the best moving company for your relocation. Reliable movers will help you protect and relocate your belongings to your new residence. Also, best movers in Manhattan may organize a suitable storage solution for your needs until you get to the lease signing process NYC. After that, you are able to get the keys to your new home and organize the transport of your belongings.
Getting professional assistance when signing a lease in NYC
Before you spend hours looking at the apartments you can afford, consider getting your documents in order. This can be a long process and can be quite exhausting. You should prepare everything in advance for signing a lease in NYC like a professional. Otherwise, you might be having difficulties. It is best you have all the documents you need ready to send to your potential landlord. Keep in mind that all the required documentation shouldn’t be older than 30 days. Some of the documents you should have to be ready to apply are:
- Last two pay stubs
- Letter of employment
- Last two bank statements
- Tax return
- Photo ID on hand
Find a realtor that will represent your interests and get you the best deal. It is best to get professional assistance if you are applying for the apartment and signing a lease in NYC. Make sure to narrow down your search before you meet with perspective realtors. They should know the area and the neighborhood that interests you. Also, the good realtor will understand your needs and find something that suits you. However, the trick is that the good realtor will keep their search and show you potential apartments that you can afford.
The great realtor is here to help you with negotiating the terms of the lease with your future landlord. Also with a good person by your side, you will save valuable time, nerves and money. However, you may make a beginners mistake if you decide to save and do everything by yourself. The entire process may end up costing you more than hiring a reliable representative.
Signing a lease in NYC
There is a lot of work to be done before you can sign a lease in NYC and enter your new apartment. A lease represents a binding legal contract between you and your future landlord. If you don’t have your name on the lease, you aren’t protected. In that case, your landlord can evict you without giving you any notice.
The lease should clearly state numerous aspects of the mutual agreement with your landlord. That is why before signing a lease in NYC, make sure that all the important terms are included. The lease should include:
- the length of your contract,
- the amount you should pay monthly,
- the fees and financial penalties for both sides if they terminate the lease early
- the use of the apartment
There are other important aspects of your lease that you should pay attention to. Make sure to check other terms and details before signing a lease in NYC. Check if the utilities are included and if there are any subletting fees. You shouldn’t sign your lease before you read it thoroughly twice. Make sure that your landlord clearly states any fees for being late with your rent, having pets etc. Also, you should sign unless the contract states all the building requirements and rules regarding noise, painting etc. After you check everything, you can sign a lease in NYC and ask for the copy for yourself.
What to do after you sign the lease in New York City?
After signing a lease in NYC, your work is not over. Make sure that you check your new apartment as soon as you get the keys. It is best to take photos of the space before your residential movers NYC bring your belongings. Check if everything in the apartment works (windows, doors, locks, lights and the appliances). On the other hand, make sure to inspect if anything is broken or damaged. If it is, you should report it to your landlord. If there are any issues contact your management company to help deal with a situation.