Renting an apartment in Brooklyn can be an exciting experience, but one wrong move could cost you thousands in hidden fees, unfair clauses, or lost security deposits. Before you sign on the dotted line, make sure you know exactly what’s in your lease agreement. Here’s what every renter needs to check before committing.
Key Lease Terms to Review
A lease isn’t just paperwork—it’s a legally binding contract. These are the crucial sections you need to review carefully:
✅ Rent & Payment Terms – Check the monthly rent, due date, and any penalties for late payments. Some landlords add excessive late fees that can quickly add up.
✅ Lease Term & Renewal Clauses – Is it a 12-month lease? Does it automatically renew? Be sure you understand the commitment.
✅ Security Deposit – Know the amount required, the conditions for its return, and any deductions the landlord can make.
✅ Maintenance Responsibilities – Who is responsible for repairs? Some leases unfairly shift maintenance costs onto the tenant.
✅ Subletting & Guest Policies – If you plan to have a roommate or list your apartment on Airbnb, make sure the lease allows it.
✅ Rent Increases & Additional Fees – Look out for hidden fees and rent escalation clauses that could make your apartment unaffordable in the future.
Major Lease Red Flags to Avoid
If you see any of these clauses in your lease, proceed with caution—or negotiate changes before signing:
🚨 “Landlord can enter anytime” – NYC law requires landlords to give 24-hour notice before entering your apartment for non-emergency reasons.
🚨 “Tenant responsible for all repairs” – Routine maintenance and major repairs should be the landlord’s responsibility.
🚨 No clear security deposit refund policy – If the lease doesn’t outline how and when you’ll get your deposit back, ask for clarification in writing.
🚨 Unexpected rent increases – Ensure your lease specifies a fixed rent amount for the entire lease term.
Before You Sign: Renter’s Checklist
✔️ Confirm rent amount & due dates
✔️ Check lease length & renewal terms
✔️ Clarify security deposit rules
✔️ Review maintenance responsibilities
✔️ Watch for hidden fees & unfair clauses
✔️ Ask questions—don’t assume anything!
Pro Tip: Negotiate Before Signing
Many renters don’t realize that leases are negotiable! If something doesn’t seem fair, ask for modifications. Landlords are often willing to adjust terms, especially in a competitive market.
Need Help Understanding Your Lease?
I’m Peter Mancini of Pen Realty, a proud member of REBNY & BNYMLS. With years of experience in Brooklyn’s rental market, I can help you navigate your lease agreement and ensure you’re protected.
DM me today for a lease review or expert rental advice!
#BrooklynRentals #NYCApartments #LeaseTips #PeterMancini #PenRealty #RealEstateExperts #ASignatureExperience #WSJ #NYTimes #TheRealDeal #NYCRenters
