Industry Tips
Apartment Renting
Since the typical apartment lease commits a tenant to one year's rental, it becomes very important to study the apartment and the terms of that lease very carefully. Ask for clarification of any item that is not clear.
Check to see which costs are not included in the rent. Items to ask about include: gas, electricity, water, and sanitation. Note that an offer of free heat may not necessarily include any utilities. You may still have to pay a gas and electricity bill. Ask whether any connection fees are required for satellite, cable, or service for telephone and Internet access.
Typical fees may include application fee, security deposit, and advance payment of the first month's rent. Before paying fees, understand what the fee is for, if it is refundable, and under what conditions may the refund be requested. This includes any early termination of the lease by you or damages to the apartment, its contents, or appliances. In that regard, inspect the apartment thoroughly with the landlord to determine conditions or what repairs must be made prior to your tenancy.
Examine the security of the apartment. For fire, look for smoke detectors usually required by law, escape routes, or extinguishers. To prevent intruders, look for alarms, deadbolts, and management of keys for doors and mailboxes. Ask about measures to handle pest control.
Ask about how tenants get access to repair service, especially in case of emergency.
Other considerations should include pets, subletting apartments, joint occupancy, and liability insurance for the landlord. Also getting a reference from a current tenant can be very valuable.
Renting an apartment demands care and thought. Take the time it deserves.
