Loading...

I recently moved out, when will my security deposit be returned?

Your apartment will be inspected shortly after you move out. Expenses incurred from damage to the unit will be deducted from your security deposit, with the exception of ordinary wear and tear. The following actions will lead to charges deducted from your security deposit: not returning apartment keys, leaving furniture or personal belongings in the apartment, painting the apartment custom colors, taking kitchen appliances, missing kitchen and bathroom hardware and/or light fixtures, leaving large holes in the walls [a reasonable number of pin or nail holes are excepted], owing back-rent, leaving the apartment in any other condition than empty of all your personal belongings and ‘broom-clean.’ Upon your vacatur for all apartments, we prefer that you leave keys on the kitchen counter and the door completely unlocked. If you are unable to unlock the door you can leave labeled key sets with your building and apartment number in our Drop Box. Please be aware, there is a special assessment for failing to return mailbox keys as your failure to do so will require us to send a locksmith after you vacate. If none of the above options work, you may also leave keys with the Superintendent. You security deposit will be returned 2 weeks after you vacate. You must provide Dan@nysmi.com with your new mailing address. If you have any further questions regarding your security deposit, please contact us.

FILED UNDER:

I am moving out soon, will Brokers show my apartment?

Yes. According to the terms of your lease, you are required to provide reasonable access for brokers to show your apartment during the last three months of your tenancy. We work hard to provide you with quality housing, and we greatly appreciate your cooperation in return.  We generally will refrain from showing your apartment until the last sixty days of your lease and, in most cases, renting an apartment will not require more than a few showings.

FILED UNDER:

What if I wish to end my lease early but I find someone to replace me? Will you return my security deposit?

Yes! We offer tenants the option to find a new tenant to replace them upon request. Please email Dan@nysmi.com for assistance. If you find someone new to take over your lease, we will return your security deposit [after deducting all damages beyond normal wear and tear] and you will be released of your obligations under the lease. However, this new person must be creditworthy, they must take over the lease on a period starting on the 1st of the month, and they must agree to all the terms outlined in your lease.
SUMMARY

The new tenant must:

  • Be creditworthy
  • Assume the lease beginning on the 1st of the month
  • Agree to all terms as outlined in your lease.

The below requirements must also be met:

  • You must be current on your rent.
  • Depending upon the amount of time left on your lease, you may want to re-lease your apartment for the remaining term or have the new tenant sign a fresh one-year agreement. If you plan to do the latter, please use the contact form on our website to get the new yearly rate and to get assigned to a property manager.
  • Have the new tenant apply through on-site.com. He or she will need to click “Apply Now,” and enter the building address and apartment number. The application fee is $ 100.00 per new applicant. Fax or email a most recent bank statement plus proof of income in the form of an employment letter, tax return or pay stubs.
  • Once your new tenant is approved, he or she will sign a new lease and you will be released of your obligations under the existing lease.
  • Your security deposit will be returned (minus any reasonable deductions for apartment damage).

 

FILED UNDER:

What is the proper procedure for termination of a lease?

As outlined on page 11 of your lease:

EITHER:

Thirty days notice, sent by certified mail, to:

Superior Management Inc.

50 Bank Street, Office

New York, NY 10014

 OR:

Thirty days notice sent by email to Dan@nysmi.com or Jonathan@nysmi.com and an email reply from Superior Management Inc. confirming receipt of your electronic notice to terminate early.

AND:

  • A lease can terminate only at the end of a month, never in the middle of a month.
  • Tenant must pay the rent for the final month in occupancy and payment must be sent with notice to terminate early. This payment must be by certified check.
  • Apartment must be in ‘broom clean’ condition and free of all personal possessions.
  • Tenant must vacate three days prior to the termination date stated in the notice to vacate.
  • During the last month of occupancy, tenant must provide reasonable access for brokers to show the apartment.
  • Tenant surrenders security deposit.
  • When a tenant elects to terminate a lease before expiry, any loss in rent shall be reimbursed by the Tenant. For instance, if either Tenant or Superior find a suitable replacement tenant to take over the lease without loss to the Building Owner, then there will be no penalty due by the Tenant. However, when there is a loss to the Building Owner attributable to vacant time (a time gap between tenants), rental amount, or work needed to be performed on the unit (painting or other repairs), then this loss is attributable to Tenant and shall be paid by Tenant in order to terminate the lease with Superiors consent.

FILED UNDER:

What if I do not give Superior Management Incorporated notice that I intend on moving out early?

Under Section 15-(B) “Abandonment,” all Superior Management Inc. leases read in pertinent part, “If you move out of the apartment before the end of the lease without the consent of owner, this lease will not be ended.” Imagine if Superior Management Inc. told you six months after you moved in that we intended on canceling your lease, effective immediately. You would tell us that we have no right to do so. We are similarly offended when tenants do not bother to receive our consent to end their lease early.  All tenants will be held responsible for any loss of rent and damages for unilaterally ending their tenancy unless they properly follow the procedures outlined in their lease.

FILED UNDER:

Read our web accessibility statement