🏙️ NYC Rent Stabilized Lease Agreement

HSTPA 2019 Compliant • All Required Disclosures Included

📋 RGB Compliant ⚖️ HSTPA 2019 🏠 All 5 Boroughs 📄 Instant PDF
📋 NYC Rent Stabilization Requirements

This lease agreement complies with New York City rent stabilization laws, including the Housing Stability and Tenant Protection Act of 2019 (HSTPA). It includes all required disclosures, rent history documentation, and tenant rights notices mandated by the NYC Rent Guidelines Board and NYS Division of Housing and Community Renewal (DHCR).

🏠 Section 1: Property Information

NYC Department of Finance property identifier
Required for rent stabilized buildings – check with HPD or DHCR

🏢 Section 2: Owner / Managing Agent Information

Required by NYC law – must be available 24/7

👥 Section 3: Tenant Information

👤 Primary Tenant

👤 Additional Tenant (Optional)

Under rent stabilization, family members may have succession rights

📅 Section 4: Lease Term

📋

Tenant’s Right to Lease Term: Under rent stabilization, tenants have the right to choose either a 1-year or 2-year lease renewal. The landlord cannot force a specific term. Renewal offers must be sent 90-150 days before lease expiration.

💰 Section 5: Rent & Regulated Rent Information

Maximum rent allowed under rent stabilization
Amount tenant will actually pay (may be lower if preferential)
Legal rent from prior lease term

📊 Rent Guidelines Board (RGB) Increase Applied

The following RGB-approved increases are being applied to this lease. Rates are set annually by the NYC Rent Guidelines Board.

1-Year Renewal
2.75%
2024-2025
2-Year Renewal
5.25%
2024-2025
Effective Period
Oct 1 – Sep 30
2024-2025

⭐ Preferential Rent Disclosure (HSTPA 2019)

📜 Section 6: Rent History Disclosure

Lease Period Legal Rent Actual Rent RGB Increase Other Adjustments

🔐 Section 7: Security Deposit

⚠️

HSTPA 2019 Limit: Security deposits are now limited to ONE MONTH’S RENT maximum in New York. This applies to all residential rentals. Landlords cannot collect additional deposits, fees, or advance rent beyond one month.

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Interest Requirement: For buildings with 6+ units, landlords must deposit security in an interest-bearing account and pay tenants annual interest (minus 1% administrative fee). Tenants may choose to apply interest to rent or receive it annually.

📋 Section 8: Required NYC Disclosures

The following disclosures are required by NYC and NYS law. Check all that apply to this property:

🎨 Lead-Based Paint (Pre-1978) Building constructed before 1978 – lead paint disclosure required
🪟 Window Guards Required if child under 11 resides or will reside in apartment
🐛 Bedbug History Disclosure of bedbug infestation history for past year
🚿 Sprinkler System Disclosure of whether building has sprinkler system
🔥 Smoke/CO Detectors Certification of working smoke and carbon monoxide detectors
🌊 Flood Zone Required if property is in a designated flood zone
🍄 Mold Disclosure Known mold conditions must be disclosed
🔥 Stove Knob Covers Required if child under 6 resides in apartment

⚖️ Section 9: Rent Stabilization Tenant Rights

📞

DHCR Hotline: For questions about rent stabilization rights, contact NYS Homes and Community Renewal at (718) 739-6400 or visit hcr.ny.gov

✍️ Section 10: Signatures

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Execution: Both landlord/agent and all adult tenants must sign this lease. Each party should receive a fully executed copy. Landlord must provide signed copy within 30 days of tenant signing.

Owner / Managing Agent Signature

Owner/Agent Signature
Date

Tenant #1 Signature

Tenant Signature
Date Signed

Tenant #2 Signature (if applicable)

Tenant Signature
Date Signed

🏙️ What Is a NYC Rent Stabilized Lease?

A rent stabilized lease is a special type of residential lease that applies to approximately one million apartments in New York City. These apartments are subject to rent regulation laws that limit how much landlords can increase rent and provide tenants with significant protections, including the right to lease renewals and succession rights for family members.

Rent stabilization generally applies to apartments in buildings with 6 or more units built before 1974, though other buildings may also be covered through tax incentive programs like 421-a or J-51. The NYC Rent Guidelines Board (RGB) sets maximum annual rent increases each year.

📊 RGB Rent Increases

Rent increases are limited to percentages set annually by the Rent Guidelines Board. For 20242025, increases are 2.75% for 1-year leases and 5.25% for 2-year leases.

🔄 Renewal Rights

Tenants have the right to renew their lease indefinitely, choosing between 1-year and 2-year terms. Landlords must offer renewals 90-150 days before expiration.

👨‍👩‍👧 Succession Rights

Family members who have lived in the apartment for 2+ years (1 year for seniors/disabled) may succeed to the lease when the named tenant dies or permanently vacates.

⚖️ Overcharge Protection

Tenants can file complaints with DHCR if they believe they’re being charged more than the legal regulated rent. HSTPA 2019 extended the lookback period.

⚖️ HSTPA 2019: Major Changes to Rent Stabilization

The Housing Stability and Tenant Protection Act of 2019 (HSTPA) made sweeping changes to New York’s rent stabilization laws, providing tenants with significantly stronger protections:

Key HSTPA Changes

Issue Before HSTPA After HSTPA (Current Law)
Security Deposit No limit Maximum 1 month’s rent
Preferential Rent Could revert to legal rent at renewal Permanent for duration of tenancy
Vacancy Decontrol Apartments over $2,774 could be deregulated Eliminated – apartments stay regulated
IAI Increases $15,000 lifetime cap per apartment Limited to 3 IAIs in 15 years; capped amounts
MCI Increases 6% annual cap 2% annual cap
Rent History Review 4-year lookback 6-year lookback + fraud exceptions
Late Fees No limit Maximum $50 or 5% of rent

📋 Required Disclosures for Rent Stabilized Leases

NYC rent stabilized leases must include several mandatory disclosures and notices:

📜 Rent History

Complete rent history showing how legal rent was calculated, including all RGB increases and any adjustments.

⭐ Preferential Rent Notice

If charging less than legal rent, the lease must clearly state both amounts and explain HSTPA protections.

🎨 Lead Paint Disclosure

For buildings built before 1978, federal and NYC Local Law 1 disclosures are required.

🐛 Bedbug History

Landlords must disclose any bedbug infestations in the building within the past year.

🪟 Window Guard Notice

Notice of right to window guards if children under 11 reside in apartment.

📞 Emergency Contact

24-hour emergency contact information must be provided by landlord.

📊 Current RGB Rates (20242025)

The Rent Guidelines Board sets maximum rent increase percentages each year. These rates apply to lease renewals commencing between October 1 and September 30:

RGB Order 1-Year Lease 2-Year Lease Effective Period
Order #56 (2024) 2.75% 5.25% Oct 1, 2024 – Sep 30, 2025
Order #55 (2023) 3.0% 2.75% Oct 1, 2023 – Sep 30, 2024
Order #54 (2022) 3.25% 5.0% Oct 1, 2022 – Sep 30, 2023
Order #53 (2021) 0% / 1.5% 2.5% Oct 1, 2021 – Sep 30, 2022
📅

Annual Updates: RGB typically votes on new rates each June, effective October 1. Check rentguidelinesboard.cityofnewyork.us for the most current rates.

❓ Frequently Asked Questions

How do I know if my apartment is rent stabilized?

Request your rent history from DHCR by filing a request at hcr.ny.gov or calling (718) 739-6400. You can also check if your building is registered in the DHCR database. Generally, apartments in buildings with 6+ units built before 1974 are rent stabilized.

What is preferential rent?

Preferential rent is when a landlord charges less than the maximum legal regulated rent. Under HSTPA 2019, preferential rent is now permanent for the duration of your tenancy—landlords can only apply RGB increases to your preferential rent, not jump to the legal rent.

Can my landlord refuse to renew my rent stabilized lease?

Generally no. Rent stabilized tenants have the right to renew their lease indefinitely. Landlords can only refuse renewal for specific legal reasons (non-primary residence, illegal use, owner occupancy with proper grounds). Any non-renewal must follow strict legal procedures.

What are succession rights?

Succession rights allow qualifying family members to take over a rent stabilized lease when the named tenant permanently vacates or dies. Family members must have lived in the apartment as their primary residence for at least 2 years (1 year for seniors 62+ or disabled persons).

What if I think I’m being overcharged?

File a rent overcharge complaint with DHCR. Under HSTPA 2019, DHCR can review rent history going back 6 years (or longer in fraud cases). If overcharges are found, you may receive a rent reduction and refund of excess rent paid.

Can my landlord charge application or move-in fees?

Under HSTPA 2019, application fees are limited to $20. Security deposits are capped at one month’s rent. Landlords cannot charge move-in fees, key deposits, or other fees beyond these amounts.

🔗 Related NYC Forms & Resources

⚠️ Legal Disclaimer

This NYC rent stabilized lease form is provided for informational purposes to assist landlords and tenants with understanding rent stabilization requirements. Rent stabilization law is complex and changes frequently. This form should be reviewed by an attorney familiar with NYC housing law before use. The Rent Guidelines Board rates shown are for illustration and should be verified at rentguidelinesboard.cityofnewyork.us. For official guidance, contact NYS Homes and Community Renewal (DHCR) at (718) 739-6400 or visit hcr.ny.gov.