I don't want to specify the duration of tenancy. In this case, when will the tenancy expire?

Full question:

I am soon going to rent my house in New York and have decided not to specify the duration for which the tenant will occupy the house. In such a situation, when will the tenancy expire?

Answer:

If the rental agreement does not specify the duration of the occupation, then the occupancy will expire on the first day of October that comes next after the tenant’s possession begins under the agreement.

NY CLS Real P § 232reads:
 
“An agreement for the occupation of real estate in the city of New York, which shall not particularly specify the duration of the occupation, shall be deemed to continue until the first day of October next after the possession commences under the agreement.”

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

An apartment is considered not move-in ready if it has significant issues that affect livability. This can include lack of essential utilities like water or electricity, unsafe conditions such as exposed wiring, or unaddressed repairs like broken windows or plumbing leaks. If the apartment fails to meet basic health and safety standards, it is not ready for occupancy.