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Effective August 18th, 2024, NYC landlords will have to provide a notice of Good Cause Eviction applicability/inapplicability to their tenants when they take certain actions, including:
- New Lease or Renewal: Landlords must notify tenants of Good Cause Eviction applicability or inapplicability when offering a new lease or renewing an existing one.
- Non-Renewal or Termination: Landlords must notify tenants of Good Cause Eviction applicability or inapplicability when notifying them that their lease will not be renewed or their tenancy is otherwise ending.
- Rent Increase (Over 5%): Landlords must notify tenants of Good Cause Eviction applicability or inapplicability when increasing the rent by more than 5%.
- Past-Due Rent (14-Day Demand): Landlords must attach a notice of Good Cause Eviction applicability or inapplicability to a 14-day rent demand for past-due rent.
- Eviction Court Filing: Landlords must attach a notice of Good Cause Eviction applicability or inapplicability to a petition filed in court for an eviction case.
Additionally, the Good Cause Eviction notice must include the following:
- Coverage: Indicate whether the tenant's home is covered by Good Cause Eviction.
- Non-Coverage Reason: If the home is not covered, provide the reason for the exemption.
- Eviction or Non-Renewal Reason: If the home is covered and the landlord is evicting, not renewing, or ending the tenancy, state the specific Good Cause reason for the action.
- Rent Increase Reason: If the home is covered and the landlord is raising the rent above the local standard, explain the reason for the "unreasonable rent increase."
Key Considerations for Landlords
- Local Laws: It's essential to be aware of NYC local laws and regulations regarding good cause eviction riders and whether your units are covered by the new Good Cause Eviction law.
- Lease Terms: The terms of the lease agreement should clearly outline the specific grounds for eviction and any applicable procedures.
- Legal Advice: Consulting with an attorney can help landlords understand the implications of incorporating the new Good Cause Eviction rider into their leases.
If you have questions or are looking for assistance with finding a tenant, connect with me at 917-254-2103. My goal is to help you accomplish yours!