Sign a Lease

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.)?

BEWARE

SCAMS

Learn how to identify and avoid scam artists who promise immediate relief from foreclosure.

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FAQ

ANSWERS

Find the answers to common questions concerning your mortgage and the various options to avoid foreclosure.

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GLOSSARY

TERMS

Visit our glossary of key terms to increase your understanding of the foreclosure options available.

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