Being a landlord of residential property in New York can be a difficult and time-consuming business. Issues can arise with repairs, complaints, collection of rent and, in some instances, the need to remove a tenant from the property. Understanding the concept of holdover and what it entails is important for both the landlord and the tenant.
New York City landlords know that when a tenant falls behind in their rent payments, taking legal action is sometimes the only realistic option. Collecting delinquent rent or evicting a tenant for nonpayment can be difficult and costly without experienced counsel.
For newcomers to New York, the city's apartment rental market can seem bewilderingly complex. New York has about two million apartments and they fall into several categories of housing, some of which are distinct to the city. In this post we will try to take some of the mystery out of the New York rental market by providing an overview of the three main types of rental units.
Disputes between landlords and tenants occur on a daily basis in New York City. Unfortunately, sometimes these disputes lead to the threat of eviction.