A rental apartment can be a big financial commitment regardless whether you're moving from your home or to another. Before you rent an apartment, it's essential to know what you need to be aware of. Here are some things you need to know: Refunds and DepositsSome states have laws that define the amount of the deposit you need to pay in order to sign the lease contract. This is true if your new apartment is a sublease, or if you have signed a lease agreement directly with the owner. If this is not the case then you do not have to make the deposit. If you leave within 14 days, there are no refunds. However, the majority of states have some sort of law that states that you have to give 60 days notice should you want to cancel the rental contract. Utilities:Most apartment complexes include water and electricity garbage disposal, water and common area cleaning included in the rent. They might also provide the services of cable television and telephone. If you visit the property ensure that you inquire what is included in the rent and also the amount you'll be responsible for. It is important to remember that many apartment complexes are managed by a management company and they aren't always transparent and truthful about what's included in the rent. Be sure to know the terms of your contract before signing any documents. Pets:Make sure that the new building allows pets or you will have to pay an additional fee to enjoy this privilege. If the new place you are moving into doesn't allow pets, you will be able to sublet the lease to a tenant that does allow pets. If you already have a pet or strongly believe in animal rights however, this may not be a possibility. Be aware of this while making your choice on the best place you will live. Maintenance:Be sure to check what kind of maintenance the property has before you sign the lease. Find out when repairs will be completed and how long it takes to correct minor issues. Do you see anything on the checklist that are troubling you? Are you worried about the property's condition? You might consider other accommodation alternatives, like a condo or hotel. Parking:How many parking spaces are you able to use? Are there enough on-site or nearby parking available for you and your vehicle? You may need to pay to park off-site. Make sure you check this before you sign any papers. These are the most important things to know before signing the lease agreement for a rental apartment. Remember that signing a lease agreement is an enormous financial commitment. You must be happy with the property before signing it. These guidelines will help you to stay clear of hassles after moving in.
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