Signing A Lease - What You Need To Know
Once your rental application is approved, it is tempting to sign the dotted line and move to your dream apartment. However, signing too quickly can cause a lifetime regret, so give yourself breathing space and know what you are agreeing to rent. Lease signing mostly happens with the agent you are working with or directly with the landlord.
Look For The Following Information In Your Lease Agreement:
- Length of lease
- Lease start date
- List of utilities
- Monthly rent
- Correct name, address and contact number of landlord
- Lease renewal process
- Building rules
- Names and signatures of all parties involved in the lease
It is important to keep copies of all such documents you and your property managers are signing. If you are signing the lease directly with the landlord, ask for another quick look of the apartment. Make sure the apartment is not damaged because owners expect you to leave their place in the form they are giving you in. Double-check everything, don’t hesitate and ask anything you want.