GoNoFee gives you 100% no fee apartment rentals – and that will save you money when you’re looking for a new apartment home. We put together this list to help you navigate the New York rental market, whether you rent with us or somewhere else.  K&R Realty Management and other management companies always ask for a list of documents to help determine eligibility for a great nyc apt. 

The process of finding someplace to live in the nation’s hottest real estate market can be daunting, but at GoNoFee, we’re your expert resource to make it easy!

Here’s a guide to understanding how the New York rental market works – we’re here to serve you, so just contact us with any questions. Let us help you find your no fee apartment rental today!

Typical New York Leases

Typical New York leases aren’t always typical. They’ll vary depending on the type of building and even the rental conditions. Many lease agreements also include riders that can change the lease agreement – so it’s important to read everything very carefully because they can essentially invalidate any section of your lease. Here’s a brief description of standard New York apartment leases:

REBNY Standard Form of Lease

This lease is primarily used when renting in rental buildings versus renting in a condominium or in a co-op. When used for a rent- stabilized apartment, a rent-stabilization rider must be attached to the lease. Under the Rent Stabilization laws, the State of New York sets the annual rent increases, and the lease is automatically offered for renewal each year.

Condominium Lease Agreement (Blumberg Form A101)

This lease may contain a cancellation clause and/or require renters to pay any increases in condo charges, in addition to rent. Most landlords will allow tenants to remove these two items from the lease.

Sublease Agreement (Blumberg form P193)

This lease form is used when renting in a co-op apartment and in almost all sublet situations. As with the condominium leases, we recommend using the REBNY agreement.

Lease Agreement (Blumberg Form A55)

his type of agreement is mostly used for leasing townhouses, brownstones, and single-family structures and is generally easy to understand.

Getting In to Your No Fee NYC Apartment

Landlords and building management boards require a lot of documentation before renters get approved for a lease – and we can help you with that, as well as explain the process so it’s as easy as possible. Here’s a list of the most common requirements:

• » Letter of employment
• » Copies of recent pay stubs
• » Tax Returns for the last two years
• » Financial statement of assets and liabilities
• » Bank reference letter, or two months of statements
• » Letter from current landlord
• » Good credit
• » Two business letters of reference
• » Personal identification, such as a passport or driver’s license

We can make it easy to find your no fee apartment rental today! Just contact us, or fill out an application today!