If you are a property owner or if you have ever acted in the capacity of a landlord, you probably spent some time reviewing what rights you have. If not, it’s a very good idea to familiarize yourself with residential landlord rights to avoid any issues with your tenants in the future. That’s why we’ve put together the following list of them below to help you gain more insight into being a residential landlord and acting within the confines of landlord-tenant law NYC. Remember that if you are ever in doubt about a specific aspect of landlord-tenant law NYC, reaching out to a real estate lawyer in NYC is the best course of action.
Choosing Who Lives in Your Rental Properties
One of the most basic rights for property owners and landlords is the right to choose who lives in your rental properties. As a landlord, you can set the tenant screening criteria up on your own if it is backed by legitimate business reasons. What you need to avoid is creating rental criteria based on discriminatory measures, as this can lead to potential legal issues.
Evicting Tenants that Cause Issues
Another important residential landlord right is the ability to evict tenants that cause problems or don’t adhere to the contract. When someone is breaking the rules or not paying rent, you have the right to evict them and get them out of your property. If you have any questions about the eviction process or what you need to do to deal with tenants that are causing problems, reach out to a real estate lawyer in NYC for advice.
Selling Your Rental Property
Sometimes, we reach a point as a residential landlord in which we are ready to sell the rental property. This is one of your rights as a property owner and should always be kept in mind. However, if you have existing tenants, make sure you are selling the property subject to the tenants’ lease.
Creating the Terms of Tenant’s Contracts
There are tons of different rights that residential landlords possess, but perhaps the most important one is the ability to create the terms of tenant contracts. That means you can decide to ban things like smoking, allow pets, and determine how long the lease will be active for. As long as you comply with rent control laws, you can create the terms of your leases