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Published byCaren Parrish Modified over 8 years ago
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LAW IN AMERICAN SOCIETY RENTING AN APARTMENT
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1.tenant: person who rents the space 2.landlord: the person who owns the space
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3. The steps a. Look for an apartment i. Use the newspaper, a realtor, or online services to find apartments that fit your criteria 1. do not spend more than 30% of your income on rent
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Criteria Pets Parking (Street, Garage, Alley Space) Smoking Heat Control Security Systems Proximity to: Schools, Trains, Expressway, Job, Stores, Restaurants
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b. inspect the apartment i. always go and check out the place 1. look for major problems with plumbing, heating, walls, appliances, etc.
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c.fill out a lease application: form used by landlord to determine if person qualifies
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i. asks for: name age current address place of employment source of income previous residences credit references
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ii. Landlord will run a credit check on you d. sign the lease: a legal contract between landlord and tenant about conditions of rental i. Includes the following:
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a. move-in/move-out dates b. amount of rent c. date of rent payment d. when rent can be raised e. rules for repairs, maintenance f. any other special agreements
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g. amount of security deposit: money given to landlord in case of damages that occur during rental period; is returned at end of lease if there are no problems
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1.Usually equals the amount of one month’s rent 2. Landlord can ask for any amount based on renter’s credit
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ii.usually leases are written to the advantage of the landlord iii.Three types of leases:
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1.month-to-month lease: allows tenant to leave after 30 days notice a. also allows landlord to evict / raise rent after 30 days notice
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2. tenancy for years: fixed time period (ex: one year) a. most common type of lease b. landlord can’t raise rent or evict during that period c. tenant can’t just leave
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` 3.tenancy at will: lease is for an indefinite period of time a. usually happens when someone outstays their lease b. no protection for either tenant or landlord
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