Ways to Navigate Your Lease Agreement

There will come a time in life when you find yourself in search of a new place. When you come across that dream apartment of yours in Mebane NC, you will likely need to sign a lease agreement prior to moving in.

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A lease can be a confusing document, since it’s laced with legal jargon that might be difficult to grasp without any previous experience.

A lease is a legally binding contract between a landlord (the property owner) and the tenant (a person who is renting the space).

Typically a multi-page document, an agreement covers the conditions a tenant must follow in order to occupy the apartment. Not to mention, it also describes the responsibilities of the landlord.

As you move closer to signing a lease, be sure you have a full understanding of everything the document entails. If you don’t, always ask questions for clarification and get everything in writing.

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At Alexander Pointe Apartments, we like to go over the lease agreement beforehand. This way we answer any questions or concerns prior to signing. We want to make sure you understand the documents that you are signing.

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The details of the property and unit should be stated somewhere near the top of the agreement. Items like address and apartment number, landlord and maintenance contact information, start to end date of rental contract and if the apartment comes furnished or not should all be included in this section.

I think it’s safe to assume that money matters to renters. And because of that, it’s good to keep a watchful eye on the deposit, fees and rent amounts that are stated in your lease. Make sure the amounts stated are the ones you had agreed upon.

There should be a few lines on what day the rent is due, what day it’s considered late and the associated penalties, and the acceptable payment methods (i.e. online pay, check, money orders, etc.).

The lovely thing about apartment living – besides the cool amenities you have at your fingertips – is the fact that you never have to worry about paying a repair for a busted pipe or faulty AC unit.Image result for HVAC

Maintenance brings peace of mind for a lot of renters, because these costs would be extremely expensive otherwise.

You’ll also want to be aware of other policies and clauses that you may find within your lease, such as renters insurance, pets in the apartment, community rules and regulations, grounds for eviction, subletting, etc.

It’s a good idea to read over the entire thing, and you may want to request a copy for yourself to review.

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January 27, 2017

http://www.apartments.com/blog/navigating-your-lease-agreement

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