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6 month deposit?

NYC Rent Regulation: Rent Control/Rent Stabilized, DHCR Practice/Procedures

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6 month deposit?

Postby <AH> » Mon Mar 18, 2002 2:32 pm

Is it legal for a management company to ask for 6 month deposit?

I'm breaking my lease because of privacy and noise problems and the management company is coming up with all kinds of fees that'll eat my deposit.

Thanks/
<AH>
 

Re: 6 month deposit?

Postby <ralllph> » Tue Mar 19, 2002 7:16 pm

If you are not rent stabilized then the landlord can ask for whatever a tenant is willing to pay.

Usually 6 months deposit is for foreigners, who come over and work for places like the United Nations.

Breaking a lease is a no-no unless you have documentation, letters written to the managment, a chance for them to fix the problems, and they refuse to.

And noise is not a reason to break the lease unless you have done the above.
<ralllph>
 

Re: 6 month deposit?

Postby Cranky Tenant » Wed Mar 20, 2002 3:49 pm

From what I've heard, people who work at the UN, have no credit rating, or social security number, often take a one year lease and their employer pays for a year in advance. Never heard of a six month deposit.
I'm a cranky tenant NOT a cranky lawyer.
Cranky Tenant
 
Posts: 1791
Joined: Sat Mar 02, 2002 2:01 am
Location: Manhattan

Re: 6 month deposit?

Postby <BB> » Thu Mar 21, 2002 11:01 am

Take a look through last months (February) Forum archives (the link is at the top of the page). Or you can do a search through the past forums.
Try: lease termination, breaking lease
Best of Luck!

Feb. Archive link:
http://www.tenant.net/.WWW/board/messages/arcs02/arcs0202/index.html

Breaking lease:
http://www.tenant.net/.WWW/board/messages/arcs02/arcs0202/18109.html

http://www.tenant.net/.WWW/board/messages/arcs02/arcs0202/18098.html
<BB>
 


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