My son signed a lease with roommates who are leaving – what are his options for renewal?
If only your son stays as the only tenant and signs up for a new term, it is considered a renewal lease. However, if he asks the landlord to add another name to the lease the landlord can charge the vacancy allowance and it becomes a vacancy lease. In this situation the landlord could raise the rent for the apartment about 17-20% (based on the State s vacancy formula). Your son can renew the lease and take on one “roommate” (someone who is not on the lease) without an additional charge. State law allows your son to have one roommate and he need not ask the landlord’s permission. The roommate is not a subtenant, just a roommate. Top | Main FAQ Menu How can I takeover my friends’ great apartment they are vacating soon? You can t unless you can convince the landlord to rent you the apartment and agree to pay the “vacancy increase,” (which is currently 17-20% in most cases). The landlord may also add to the monthly rent 1/40th (or 1/60th in buildings with more than 35 apartment units, effe
