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Is the Insurent® Lease Guaranty applicable for rent-stabilized apartments?

April 26, 2017apartments applicable Guaranty insurent® lease rent-stabilized

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Is the Insurent® Lease Guaranty applicable for rent-stabilized apartments?

1 Answer

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The Insurent® Lease Guaranty is available for market-rate and rent-stabilized apartments. The Insurent Program is particularly important in leases governed under Rent Stabilization in New York City as it offers, in most cases, the only way to close the lease if the renter does not meet the landlords requirement and does not have an individual guarantor at 75x-90x the monthly rent in NYC.