![]() ![]() Make sure you know exactly what you’re responsible for and if it’s included in your lease. ![]() Some apartments have utilities included in the rent price and others don’t. If you’re think you might be staying at your place for longer than the original lease terms, try to negotiate a percentage or fixed dollar amount in advance. Many leases include the option to renew your lease, but there may be an escalation clause, which allows the landlord to raise the rent. Instead of leaving it to chance, consider inviting your landlord to walk through the apartment together before you move out, so anything can be addressed in advance and there won’t be any surprises.Īlso, take photos before you move in to show the state of the unit and then again when you move out so you have a record of how everything looked. Often, a security deposit is returned in full after a successful final inspection and the landlord doesn’t have to pay for repairs, damages or stolen items. Many states require landlords return security deposits within a reasonable amount of time. If a security deposit is required, make sure the details of what it covers and when you’ll get it returned are outlined in the lease. It should include everything from the address (and unit number) of the place you’re renting, the amount of rent and when it’s due, the length of the tenancy, how much you pay in security deposit (if any), the name and contact information of your landlord and any other persons responsible for maintaining the property. Your lease is legalĪ lease should be signed by both you and the landlord, and you should receive a copy for your records. Here are nine reasons why it’s important to read the lease entirely and what the fine print means, even if it’s “standard.” 1. In many cases, a standard lease is meant to protect the landlord, not the tenant, so it’s worth your time to review it in detail. Reading the lease – and all fine print – can mean the difference between getting kicked out unexpectedly or losing thousands of dollars you don’t have. ![]() ![]() But you shouldn’t let anyone intimidate you into signing anything until you’ve read it. You found the perfect apartment and now the landlord is trying to rush you into signing a lease, telling you it’s standard. ![]()
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