95. What is in a Lease (1)
If you want to rent an apartment, you
to sign a lease, which is a legally
contract between you and the landlord, the person
owns the property. A lease is usually good
a set time. Some leases are on a
-to-month basis, but most are for a period of
year or two years.
The lease or rental
lists out your responsibilities as a tenant and
landlord's responsibilities. The lease will tell you how
the monthly rent is, when it is due,
how you can pay it. Some landlords will
take a certified check or money order, and
will accept a personal check or cash. If
pay your rent late, there is usually a
fee. The amount of the late fee is
usually in the lease. The lease will also
you how much the security deposit is. Usually
is the amount of one month's rent. The
will tell you if you can have pets
not. Many places do not allow pets. If
bring one in anyway, they can fine you
kick you out. If your apartment does allow
, most likely you will have to pay an
amount of money, called a pet deposit, to
any damages caused by the animal. Other rules
may be included in a lease include whether
are allowed to smoke inside the property and
you are allowed to make any changes like
. Many landlords do not allow you to paint
even make holes in the wall to hang
pictures.
A lease is proof that you legally
somewhere. Sometimes you need a lease to show
school that you live within a certain area.
sure you get a copy of the signed
from your landlord.
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