mgmtbook.com logo
 
NEW Fast & Efficient way to Rent & Communicate  

RESOURCES


Apartment Rental Landlord's Requirements

New York landlords may require a wide variety of documentation from prospective renters. Co-op apartments that are subject to a Board Approval require the most extensive amount of paperwork. Nevertheless, many none-Coop apartments require a good number of documents in order to obtain an approval. We have therefore constructed a list of the general most commonly required paperwork by New York landlords.

Income:

The general requirements by landlords may vary from one landlord to another, and If a guarantor is to be used the criteria required form a guarantor may be higher. All lanlords are required to abide by NYC 'Lawful Source of Income Law' (2008).

  • Last 1, 2, or 3 years tax return (1040).
  • Last 1-3 months bank statements.
  • Letter of reference from current landlords stating amount of rent paid, leght of tenancy, and account standing.
  • Copy of utility bill (i.e electric, gas, cable)
  • Proof of Social Security number
  • Other items may or may not apply

As noted above, the below list represent the most commonly required documents to rent an apartment in New York. It may be that a particular owner will require some, or all of the above paperwork. Please refer to the relevant application for the relevant list of documents required.

Credit:

Different landlords may require a credit check with different credit worthiness for an approval.