Re:What Airbnb Did to New York City
by brooklyn_ashey on Thursday March 08, 2018 @04:26PM
(#16547760)
Yeah, they can charge literally whatever they want- and it keeps rising. You are right about first and last month rent. But there is no point in trying to have that law work for you, because the LL will just take you to court and you will have to pay legal fees, especially if you are then working at all especially in another city-- you will absolutely not have time to fight this in court (even though you might win it eventually) unless you are unemployed. If you are unemployed after handing over your savings, you are homeless and have much more desperate concerns.
Re:What Airbnb Did to New York City
by brooklyn_ashey on Thursday March 08, 2018 @04:27PM
(#16547766)
forgot to mention that whatever you agree to in the lease re:first and last months' rent will bind you. And you have to agree if you want a place to live.
By law, my state strictly limits the amount of security deposit a landlord can charge. And none of this calling it "last month's rent" nonsense - legally any monies collected beyond the first month's rent that the landlord is hanging onto is a security deposit no matter what the landlord wants to call it.
I thought this was par for the course.
I just checked and NY has no statutory limit on security deposits. Wow! That seems like a problem.