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 from a guarantor may be higher. All lanlords are required to abide by NYC 'Lawful Source of Income Law' (2008), and therefore the documents and requirments of tenants with vouchers is different.

Example of documents that may be required:
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.