New York Furnished Lease Agreement (2025)

The furnished rental market in New York is thriving, fueled by a dynamic demand from short-term renters, corporate clients, and international visitors. Typically, furnished leases in New York span from one month to a year, offering flexibility to renters. In 2025, the market trends indicate a steady rise in demand due to the city's bustling economy and transient population. Landlords often offer furnished leases at a premium, given the convenience and immediate livability they provide. This has led to a competitive market where both quality and location significantly influence pricing.

• Ensure all furnishings meet safety standards: Landlords must guarantee that all provided furniture is safe and in good condition, adhering to New York State's safety regulations.
• Provide an itemized inventory: A detailed list of all furnishings should be included in the lease agreement to prevent disputes over missing or damaged items.
• Maintain furnishings: Landlords are responsible for the upkeep and repair of provided furnishings to ensure they remain in usable condition throughout the lease.
• Disclose any potential hazards: Any known issues with the furnishings that could pose safety risks must be disclosed to tenants prior to the start of the lease.
• Comply with local ordinances: Landlords must adhere to any additional local laws regarding furnished properties, including specific zoning or housing codes.

• Right to a habitable environment: Tenants are entitled to live in a safe and well-maintained furnished property, with functional furnishings as per New York's habitability standards.
• Protection against unjust eviction: New York laws protect tenants from eviction without proper legal cause, ensuring stability in their living arrangement.
• Security deposit regulations: Tenants have the right to have their security deposits handled according to state regulations, including timely return and itemized deductions.
• Right to request repairs: Tenants can request necessary repairs to furnishings and expect timely action from landlords to address these issues.
• Privacy rights: Tenants are entitled to privacy in their rented space, with reasonable notice required for landlord entry except in emergencies.

Furnished rentals in New York have specific requirements that include providing an inventory checklist at the start of the lease and ensuring all electrical appliances and furnishings comply with safety standards. Additionally, landlords must ensure that all items listed in the lease agreement are available and in good condition. Disclosure of any existing damage or wear is also required to avoid disputes.

Fully furnished rental properties

Key Considerations:

• State-specific requirements for furnished agreements
• Notice periods and termination clauses
• Rights and responsibilities of all parties
• Compliance with New York rental laws

State: New York

Scenario: Furnished

Document: Lease Agreement