Terms of Use
Terms and conditions for using our service
Last updated: January 13, 2025
These Terms of Use ("Terms") govern your use of the 40x Rent Rule NYC Calculator website and calculator tool ("Service") operated by us ("we," "our," or "us").
Acceptance of Terms
By accessing and using our Service, you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to abide by the above, please do not use this service.
Description of Service
Our Service provides a free calculator tool that helps users determine income requirements for NYC apartment rentals based on the commonly used 40x rent rule. The Service includes:
- A calculator for determining required income based on monthly rent
- A calculator for determining maximum affordable rent based on annual income
- Educational content about NYC rental requirements
- Frequently asked questions and guidance
Limitation of Liability
IMPORTANT: This calculator is for informational and estimation purposes only. We provide this tool "as is" without any warranties or guarantees.
- No Guarantee of Accuracy: While we strive for accuracy, calculations may not reflect actual landlord requirements
- No Guarantee of Approval: Meeting the 40x rule does not guarantee apartment approval
- Not Financial Advice: Our tool does not constitute professional financial or legal advice
- Landlord Variations: Individual landlords may have different income requirements
Disclaimer of Warranties
TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO:
- WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE
- WARRANTIES THAT THE SERVICE WILL BE UNINTERRUPTED OR ERROR-FREE
- WARRANTIES REGARDING THE ACCURACY OR RELIABILITY OF CALCULATIONS
- WARRANTIES THAT THE SERVICE WILL MEET YOUR SPECIFIC NEEDS
Limitation of Damages
IN NO EVENT SHALL WE BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO:
- Loss of profits or income
- Loss of business or opportunity
- Costs of finding alternative housing
- Any damages arising from reliance on our calculations
- Any damages arising from apartment application rejections
User Responsibilities
By using our Service, you agree to:
- Use the Service for lawful purposes only
- Not attempt to interfere with or disrupt the Service
- Verify all calculations and requirements with landlords or brokers
- Seek professional advice for important financial decisions
- Not rely solely on our calculator for rental decisions
Intellectual Property
The Service and its original content, features, and functionality are and will remain the exclusive property of 40x Rent Rule NYC Calculator and its licensors. The Service is protected by copyright, trademark, and other laws.
Prohibited Uses
You may not use our Service:
- For any unlawful purpose or to solicit others to perform unlawful acts
- To violate any international, federal, provincial, or state regulations, rules, laws, or local ordinances
- To infringe upon or violate our intellectual property rights or the intellectual property rights of others
- To harass, abuse, insult, harm, defame, slander, disparage, intimidate, or discriminate
- To submit false or misleading information
Termination
We may terminate or suspend your access immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms.
Governing Law
These Terms shall be interpreted and governed by the laws of the State of New York, without regard to its conflict of law provisions.
Changes to Terms
We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material, we will try to provide at least 30 days notice prior to any new terms taking effect.
Contact Information
If you have any questions about these Terms of Use, please contact us: