Before you sign, remember this is a legally binding contract, which means you will be responsible for all terms of the agreement. Review the lease carefully—here's a checklist of items you'll want to confirm ahead of time:
Term |
How long is the lease and what are the terms (i.e., renewing the lease, terminating the lease early, possible penalties, renting from month-to-month, subleasing, monthly costs, etc.)? |
Security Deposit |
How much is the security deposit and will some (any) be refunded at the end of the lease? |
Rent |
When is payment due? Are there penalties for late payments? |
Utilities |
What utilities (if any) are included and what are the monthly rates? |
Maintenance |
How is routine and emergency maintenance managed (onsite, on call, 24-hour availability)? |
Pets |
What types of pets are allowed (if any) and are there any restrictions or required deposits? |
Miscellaneous |
Are there any noise level restrictions? Decorating restrictions (e.g., painting, hanging pictures, etc.)? |