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Lease Renewal for a Non-Rent Controlled Apt

 
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missapissa



Joined: 06 Nov 2009
Posts: 2

PostPosted: Fri Nov 06, 2009 7:36 pm    Post subject: Lease Renewal for a Non-Rent Controlled Apt Reply with quote

I've been in my rental for 3 years and lease ends in Feb. My landlord has sent me the lease renewal but i'm hoping to buy an apt before the lease is up. The problem is that I'm not 100% sure that I will find a place to buy before then and I don't want to sign on for another year in case I do.

What would happen if I don't sign the lease renewal and just stay put, continuing to pay rent until I am able to buy a place and move? Is that in my rights as a tenant? Or do I have to sign the lease in order to stay?
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queensborough



Joined: 20 Apr 2005
Posts: 703

PostPosted: Wed Nov 11, 2009 2:17 pm    Post subject: Reply with quote

Is your apartment rent stabilized or market rate?
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TenantNet



Joined: 21 Jan 2002
Posts: 4461
Location: New York City

PostPosted: Wed Nov 11, 2009 2:19 pm    Post subject: Reply with quote

As he posted in the "NYC Non-Regulated Apartments" area, you could assume that is the case.
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