PRESS MENTIONS

Back

A Security Deposit For a Sublet

By Adam Leitman Bailey


May 29th, 2005

… Dov Treiman, editor of The Housing Court Reporter, said there is nothing wrong with requiring a sublet tenant to furnish a security deposit.

But, Mr. Treiman said, if the letter writer is a rent-stabilized tenant, she may not charge the subtenant more than 10 percent above the rent she is paying, and must get the landlord’s consent to the sublet.

Adam Leitman Bailey, P.C.

NEW YORK REAL ESTATE ATTORNEYS