Westchester and Putnam Counties Renters Guide
It is customary for the Landlord to compensate the real estate agent in the amount of one month’s rent. In some markets it is common practice for a Tenant to pay a real estate agents fee. This is generally one month's rent, or 15% of one year's total lease.
It is common to have a Memorandum of Agreement prepared with the terms and conditions to be incorporated into the lease. Landlords in Westchester and Putnam generally require one, possibly two month's rent as a deposit, payable at the time of the signing of the lease, unless other provisions have been worked out by the lesser and the lessee.
Speak to your Douglas Elliman Real Estate rental agent. If you are relocating, call our Relocation Division at (800) 594-0685 (toll free) for counseling and to determine when to come to New York to begin your search. At that time, schedule your appointment. Your needs will be discussed, questions will be answered about the process, and you will be assigned to an agent best matched to your needs and budget.