New York Rental Application Form
New York Rental Laws
Maximum Rental Application Fee
The maximum rental application fee that a landlord can charge in New York is $20. It is a non-refundable fee required to cover the cost of doing a background check on a prospective tenant.
Most landlords in New York require a security deposit, which is a form of financial protection in case the tenant doesn’t pay rent or leave behind damage to the property when they move out.
In New York, there is no limit on security deposits, although usually it is one month’s rent. The security deposit is always refundable, and the landlord should return the security deposit to the tenant within 14 days.
However, if the property needs repair or the tenant skipped payment, the landlord can withhold part or the entire security deposit, depending on the total amount owed by the tenant.