As a commercial tenant in New York City, you have several legal obligations under both state and local laws. These obligations include:
- Payment of Rent: You are required to pay rent as set forth in your lease agreement or rental agreement. Failure to pay rent can result in eviction proceedings.
- Compliance with Building and Health Codes: You must comply with all building and health codes applicable to your business. Failure to comply can result in fines or closure of the business.
- Proper Use of the Premises: You must use the premises in a manner consistent with the purpose for which it was intended. This means you cannot use the space for activities that are illegal or violate zoning laws.
- Maintenance of the Premises: You are responsible for maintaining the premises in a clean and safe condition. This includes repairs to any damage caused by you or your employees.
- Compliance with Lease Terms: You must comply with all terms of your lease agreement, including restrictions on subletting, assignment, and alterations to the property.
- Renewal and Termination: You should be aware of the lease renewal and termination dates and comply with all notice and timing requirements set forth in the lease agreement.
It is important to note that some of these obligations may be subject to exceptions or limitations based on the specific language of your lease agreement or rental agreement. Additionally, some obligations may vary depending on the type of commercial property you are renting. It is advised that you consult with a licensed attorney to review your lease agreement and advise you on any potential issues or concerns.
In summary, as a commercial tenant in New York City, you have several legal obligations including payment of rent, compliance with building and health codes, proper use and maintenance of the premises, compliance with lease terms, and renewal and termination procedures.
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