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