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Renting an Apartment
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what is the reccommended amount of rent a person should pay? (think about a %)
30%
what should be the top concern when selecting a place to rent?
safety
What do people who cant afford a place often forget to factor in when renting?
utilities & other expenses
What are 2 things that you should think about before selecting a place to rent?
type of place, location, amount of rent, safety
What might happen if you don't follow the lease?
you may get evicted
What do you need to do if you decide to move out of a place?
Give Proper Notice
True or False: The rental agreement states when and who to pay rent to.
True
Before signing the rental agreement, what should you do?
read it carefully
What is a rental agreement?
a written agreement between the tennant and the landlord
When renting an apartment, what do you need to sign?
lease or rental agreement
What is the security deposit used for?
in case the renter damages the apartment
Before renting, what will the landlord require you to deposit?
security deposit
What is a reference?
Someone that can vouch for you
The person that owns the space is called a
landlord
The person renting is called a
Tennant
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