T
TerraOS
Leasing / Apt 4C renewal / Sign
Back to Leasing Dashboard
Lease document · generated by Atlas Page 1 of 1 (preview)
Rent-Stabilized Lease Renewal
Form RTP-8 · One-Year Renewal · State of New York
Apt 4C · 1240 Grand Concourse ⬡ Prepared by Atlas Ref RNW-4C-2026

1. Parties

Owner / Landlord
Grand Concourse Holdings LLC
c/o Mendel Property Mgmt · Bronx, NY 10456
Tenant of record
P. Nguyen
Sole occupant · tenant since Oct 2022

This renewal lease is entered into between the Owner and the Tenant named above for the Premises described below, on the terms of the prior lease except as modified herein and as required by the Rent Stabilization Law.

2. Premises

The Owner leases to the Tenant Apartment 4C at 1240 Grand Concourse, Bronx, NY 10456 — a rent-stabilized two-bedroom dwelling unit, together with the fixtures and appliances furnished therewith, for use as a private residence only.

3. Term

This is a one (1) year renewal, commencing October 1, 2026 and expiring September 30, 2027, continuing the existing tenancy. Renewal notice was served within the required 90–150 day window before expiration.

4. Rent

Legal regulated rent Maximum collectible rent on file with DHCR
$1,860.00 / mo
Preferential rent — base The rent actually charged; rider survives renewal under HSTPA
$1,620.00 / mo
RGB 1-year increase applied to preferential base Rent Guidelines Board Order #56 · +3.0% × $1,620.00
+ $48.60 / mo
New monthly rent — effective Oct 1, 2026
$1,668.60 / mo

The 3.0% increase is calculated on the preferential rent of $1,620.00 — not the legal rent of $1,860.00. The $1,860.00 legal rent remains registered and is the basis for future increases.

5. Rent-Stabilization Rider & Preferential-Rent Rider

The DHCR Rent Stabilization Rider (required by 9 NYCRR §2522.5) and the Preferential-Rent Rider executed Oct 2022 are incorporated by reference and attached. The preferential rider survives this and all subsequent renewals for the life of the tenancy.

6. Standard Clauses (abbreviated)

6.1 Security deposit. One month ($1,620.00), held in escrow per HSTPA; no increase required at renewal.

6.2 Use & occupancy. Premises used as a private residence by the Tenant of record only.

6.3 Late fees. Capped at $50 or 5% of monthly rent, whichever is less, after a 5-day grace period (HSTPA).

6.4 Repairs & services. Owner maintains all required services; warranty of habitability applies and cannot be waived.

6.5 Governing law. Rent Stabilization Law & Code; HSTPA 2019. In any conflict, the more tenant-protective provision controls.

7. Signatures

By signing below, the parties agree to the terms of this renewal lease.

D. Mendel
Owner — D. Mendel, for Grand Concourse Holdings LLC Signed Jun 26, 2026
Sign here
Tenant — P. Nguyen Awaiting signature
Atlas Prepared
Stabilization · renewals & RGB caps
I prepared this renewal with the RGB 3.0% cap applied to your preferential rent of $1,620 — not the legal $1,860 — so your new rent is $1,668.60/mo. Review and sign.
1/2
1 of 2 signatures
Owner signed · your signature completes the lease
PN
P. Nguyen
Tenant of record · Apt 4C
You
Adopt & sign
preview P. Nguyen
I agree to use an electronic signature and adopt the signature shown above as my legally binding signature on this lease.
Both parties receive a countersigned PDF and audit trail once you sign.
E-signature powered by Inkwell TerraOS owns the flow
Prototype, not product. This is a fake lease — the parties, premises, rents, and signatures are realistic mock data. Legal rent ($1,860), preferential rent ($1,620), and the RGB 1-year cap (+3.0% → $1,668.60) are shown for realism and stabilization correctness. This screen demonstrates the build-vs-integrate boundary: TerraOS owns the lease workflow end to end, and integrates a third-party e-signature primitive ("Inkwell") rather than rebuilding it. Nothing is wired up — signing does nothing, and this is not a real legal document.