5 Things People Forget to Do Before Signing a Lease Agreement - PowerPoint PPT Presentation

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5 Things People Forget to Do Before Signing a Lease Agreement

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This is especially important if you’ll be moving into an apartment that still has someone living in it when you sign that lease. Here are 5 things people forget to do before signing a lease agreement. For complete blog post visit – PowerPoint PPT presentation

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Title: 5 Things People Forget to Do Before Signing a Lease Agreement


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5 Things People Forget to Do Before Signing a
Lease Agreement
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1. Take pictures of damage before you sign that
lease
  • This is especially important if youll be moving
    into an apartment that still has someone living
    in it when you sign that lease. Look for major
    cracks, holes, or blemishes on walls and tile,
    wood, or concrete floors. Check for holes or
    stains on any carpeting. If kitchen appliances
    are included, make sure they are all functioning.
    Even if the damage doesnt bother you personally,
    snap a picture of it and hold on to it youll be
    glad you did when it comes time for you to move
    out and get your security deposit back.

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2. Ask for utility averages
  • Start by asking the landlord what the average
    costs for electric, water, sewage, etc., during
    different parts of the year are. If you know any
    of your future neighbors, let them know youre
    thinking about moving in and ask if theyd mind
    telling you what their average costs are.
    Finally, you can call the utility company to ask
    what the averages have been for a particular
    property.

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3. Ask what youll be allowed to do with the
place
  • Even if you arent thinking about changing paint
    colors or light fixtures when youre just getting
    ready to move in, if you think you may want to
    sometime in the near or distant future, its
    important to know what youll be allowed to do.
    Ask, and be sure to get it in writing so that you
    wont accidently terminate your lease or lose
    your deposit.

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4. Get it in writing
  • Youve probably heard this one a million times,
    but its also possibly the most important tip
    youll receive when youre moving into a new
    place. If youre bringing along a cat or dog,
    make sure to get your landlords permission or
    any costs associated with them in writing. As
    mentioned before, if youre planning on painting
    or making any other changes, make sure its in
    your lease. Whatever utilities youll be
    responsible for paying, and any those are
    included in your rent, should be in writing too.

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5. Think about other expenses that might come
with a particular property
  • Living further from the center of the city might
    save you some on rent, but if you work downtown,
    consider costs like gas and parking, and the time
    itll take you to make your commute, versus a
    more expensive apartment downtown. If the
    apartment is older, or has a lot of windows,
    consider extra utility costs that will come with
    poor temperature regulation. Also, consider the
    area around the property. Nearby restaurants or
    bars can mean extra noise, but it also means
    youll have food and entertainment within walking
    distance!

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