RTP-8 (6/21)
RENEWAL LEASE FORM
Owners and Tenants should read INSTRUCTIONS TO OWNER and INSTRUCTIONS TO TENANT
on reverse side before lling out or signing this form
PART A - OFFER TO TENANT TO RENEW
Dated: 20
Tenant's Signature(s):
Owner's Signature(s):
THIS IS A NOTICE FOR RENEWAL OF LEASE AND RENEWAL LEASE FORM ISSUED UNDER SECTION 2523.5(a) OF
THE RENT STABILIZATION CODE. ALL COPIES OF THIS FORM MUST BE SIGNED BELOW AND RETURNED TO YOUR
LANDLORD WITHIN 60 DAYS.
Dated: 20
3. Security Deposit: *** Collectable after the sixth (6) month of a one-year lease renewal.
Current Deposit: $______________ Additional Deposit Required - 1 year lease: $___________***
Additional Deposit Required - 2 year lease: $___________
4. Specify separate charges, if applicable:
a. Air conditioner : $___________ c. 421a (2.2%): $___________ Total separate charges: $_____________
b. Appliances : $___________ d. Other: ________________ $_____________
5. Lower Rent to be charged, if any. 1 year lease $__________, 2 year lease $__________ Agreement attached: Yes No
6. Tenant shall pay a monthly rent (enter amount from 2F or 5) of $______________ for a 1 year renewal or $ ___________ for a
2 year renewal, plus total separate charges (enter amount from 4) $_____________ for a total monthly payment of
$_____________ for a 1 year renewal or $____________ for a 2 year renewal.
7. This renewal lease shall commence on ____________________, which shall not be less than 90 days nor more than 150 days from the
date of mailing or personal delivery of this Renewal Lease Form. This Renewal Lease shall terminate on ___________________ (1 year
lease) or ____________________ (2 year lease).
8. This renewal lease is based on the same terms and conditions as your expiring lease. (See instructions about additional provisions.)
9. SCRIE and DRIE. Owner and Tenant acknowledge that, as of the date of this renewal, Tenant is entitled to pay a reduced monthly rent in
the amount of $ _______________ under the New York City SCRIE program or the New York City DRIE program. The reduced rent may
be adjusted by orders of such program.
10. Leased premises does , does not have an operative sprinkler system. If operative, it was last maintained and inspected
on ____________________.
This form becomes a binding lease renewal when signed by the owner below and returned to the tenant. A rider setting forth the
rights and obligations of tenants and owners under the Rent Stabilization Law must be attached to this lease when signed by the
owner and returned to the tenant. The rent, separate charges and total payment provided for in this renewal lease may be increased
or decreased by order or annual updates of the Division of Housing and Community Renewal (DHCR) or the Rent Guidelines Board
(RGB).
PART B - TENANT'S RESPONSE TO OWNER
Tenant: Check and complete where indicated one of three responses below after reading instructions on reverse side. Then date and sign
your response below. You must return this Renewal Lease Form to the owner in person or by regular mail, within 60 days of the date this
Notice was served upon you by the owner. Your failure to do so may be grounds for the commencement of an action by the owner to evict
you from your apartment.
I (we), the undersigned Tenant(s), accept the oer of a one (1) year renewal lease at a monthly rent of $______________, plus
separate charges of $______________ for a total monthly payment of $______________. **No rent increase in the rst six (6) months.
I (we), the undersigned Tenants(s), accept the oer of a two (2) year renewal lease at a monthly rent of $______________, plus
separate charges of $______________ for a total monthly payment of $______________.
I (we) will not renew my (our) lease and I (we) intend to vacate the apartment on the expiration date of the current lease.
1. The owner hereby noties you that your lease
will expire on:
Dated: ________________________ 20_________
Tenant's Name(s) and Address: Owner's /Agent's Name and Address:
___________________________________ __________________________________
___________________________________ __________________________________
___________________________________ __________________________________
Column A
Renewal
Term
Column B
Legal Rent on
Sept.30th Preceding
Commencement
Date of this
Renewal Lease
Column C
Guideline % or
Minimum $ Amount
(If unknown, check box
and see below)*
Column D
Applicable Guideline
Supplement, if any
Column E
Lawful Rent Increase,
if any, Eective after
Sept. 30th
Column F
New Legal Rent
(If a lower rent
is to be charged,
check box and see item
5 below)
1 Year
2 Years
$_______________
Same as above
( %) $___________
( %) $___________
$______________
$______________
$______________
$______________
$______________**
$______________**
2. You may renew this lease, for one or two years, at your option, as follows:
___________________________________ __________________________________
* If applicable guideline rate is unknown at time oer is made, check box in Column C and enter current guideline which will be
subject to adjustment when rates are ordered.
** Rent Guidelines Board Order #53 applies to leases commencing between 10/1/21 and 9/30/22. The one (1) year lease guideline
increase cannot be applied until the nal six (6) months of the lease. There is no guideline increase in the rst six (6) months.
RTP-8 (6/21)
INSTRUCTIONS TO OWNER
If you wish to accept this oer to renew your lease, you must complete and sign this Renewal Lease Form in the space provided in PART B
on the reverse side of this Form, and you must return all copies of the signed Lease Form to the owner in person or by regular mail within
60 days of the date this Form was served upon you. You may wish to make a copy for your own records. If you do not sign and return this
Renewal Lease Form within the prescribed 60-day period, the owner may have grounds to start proceedings to evict you from your
apartment.
Before you complete and sign PART B and return this Renewal Lease Form, be sure to check that all lawful provisions and written
agreements have been attached by the owner to this Form. Please read all attachments carefully. If such other lawful provisions appear, they
are part of this lease renewal oer and renewal lease. If there are any lawful agreements between you and the owner, attached copies must be
signed by both parties.
If the owner agrees to a rent which is lower than the legal regulated rent, this lower amount should be entered in item 5 on the reverse side
of this Form, and a signed copy of the agreement should be attached. You may not change the content of this Renewal Lease Form without
the owner's written consent. If a "lower rent" amount is listed in item 5 and such rent is a "preferential rent," upon renewal the owner may
not increase the rent to the legal rent listed in item 2F. Tenants that were paying a preferential rent as of June 14, 2019, retain the preferential
rent for the life of the tenancy. Rent Guidelines Board increases and other increases allowed by the Rent Stabilization Law are to be applied
to the preferential rent.
Your acceptance of this oer to renew shall constitute a renewal of the present lease for the term of years and rent accepted, subject to any
other lawful changes which appear in writing on the attachments to this Form, and subject also to payment of the new rent and additional
security, if any. Such additional security shall be deposited by the owner in the manner provided for on initial occupancy. However,
pursuant to the Housing Stability and Tenant Protection Act of 2019, an owner can hold no more than one month security deposit.
Anything in excess of one month must be refunded to the tenant.
Please refer to the New York City Lease Rider for a summary of tenants' rights and owners' responsibilities.
State of New York
Division of Housing and Community Renewal
Oce of Rent Administration/Gertz Plaza
92-31 Union Hall Street
Jamaica, New York 11433
Web Site: www.hcr.ny.gov
At least two copies of this completed Renewal Lease Form must be mailed to the tenant in occupancy or personally delivered not more than
150 days and not less than 90 days prior to the end of the tenant's lease term, along with the New York City Lease Rider For Rent Stabilized
Tenants.
If the owner oers a Renewal Lease less than 90 days prior to the expiration of the existing lease, the lease term selected by the tenant shall
begin at the tenant's option either (1) on the date a renewal lease would have begun had a timely oer been made or (2) on the rst rent
payment date occurring no less than 90 days after the date that the owner does oer the lease to the tenant. The guidelines rate applicable for
such lease shall be no greater than the rate in eect on the commencement date of the lease for which a timely oer should have been made,
and the increased rental shall not begin before the rst rent payment date occurring no less than 90 days after such oer is made.
The owner must fully complete PART A on the reverse side of this Form explaining how the new rent has been computed. Any rent increase
must not exceed the applicable Rent Guidelines Board adjustment(s) plus other adjustments authorized by the Rent Stabilization Code.
Tenants that were paying a preferential rent as of June 14, 2019 or thereafter, retain the preferential rent for the life of the tenancy. Rent
Guidelines Board increases and other increases allowed by the Rent Stabilization Law are to be applied to the preferential rent.
This Renewal Lease must be oered on the same terms and conditions as the expiring lease, except for such additional provisions as are
permitted by law or the Rent Stabilization Code which must be set forth by the owner and attached to this Form. If there are any additional
lawful agreements between the owner and tenant, a copy signed by both parties must be attached to this Form.
The tenant must return to the owner all copies of this Form, completed and signed by the tenant in PART B on the reverse side of this Form.
The owner must furnish the tenant with a fully executed copy of this Renewal Lease Form bearing the tenant's and owner's signatures in
PART B, and a copy of the DHCR New York City Lease Rider, within 30 days of the owner's receipt of this Form signed by the tenant.
Service of this fully executed Form, upon the tenant, constitutes a binding renewal lease. If the owner fails to furnish the tenant with a fully
executed copy of this Form within 30 days of receipt of the Form signed by the tenant, the tenant shall continue to have all rights aorded
by the Rent Stabilization Law and Code, and the owner will be barred from commencing any action or proceeding against the tenant based
upon non-renewal of lease.
INSTRUCTIONS TO TENANT
(Read Owner's and Tenant's Instructions carefully before completing this Renewal Lease Form)