Can My Landlord Force Me to Use a Rent Guarantor?

Q: A year ago, when I applied for a market-rate apartment in the Bronx, the landlord required that I get a lease rental bond from a bond company. I have a good credit score, but the agent said my liquid assets were below the required threshold. In addition to the bond, I had to give them first month’s rent and a one-month security deposit before moving in. The bond cost me $1,000. I’ve been paying my rent on time through the company’s app, but now they’re telling me that I need to renew the bond for a new two-year lease. I have signed the lease; the landlord has not. If I say no to the bond and can’t work something else out, can I be evicted?

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