Renting Flashcards
_____________:
*Application (be honest, be neat, be complete)
* Rental fee
* Letter of employment
* Previous landlord reference
* Driver’s License/State ID
Complete application includes
True or False? (All)
*A landlord can legally
refuse an application
that is incomplete.
*Inaccurate information
on an application is
grounds for eviction.
*A landlord can deny
you due to poor credit
or rental history
True
_____________
*Credit history
*Criminal history
*Rental History (reference from landlords – past 3 yrs.)
*Income & Employment information
*Number of occupants (Names of all people living in the unit)
*Pets ($$)
*Smoking
*Behavior
What a landlord wants to know
A _______ is a legal document that defines the conditions of a rental agreement
Lease
______________
* Description and address of property
* Name and address of the owner/landlord (lessor)
* Name of tenant (lessee)
* Effective date and length of the lease
* Amount of security deposit
* Amount and due date of rent
* Date and amount for late rent payments
* List of included utilities, appliances, furniture, etc.
* Restrictions on certain activities; tenant’s right to sublet
* Charges for damages or for moving out early/late
* Conditions under which landlord may enter the rental unit
Characteristics of a lease document
A __________ is typically required when
you sign a lease (often 1 month’s rent)
* (After you vacate the rental unit, your
___________ must be refunded within
a reasonable time)
*(If money is deducted, you have the right
to an ___________ of repair costs)
Security deposit, itemized list
For many apartments, ________ is covered by
the rent; however, other utilities may not be
included.
Water
If you rent a _______, you will probably
pay for heat, electricity, water, and
internet.
House
Be sure to obtain ___________ on
your personal property
Insurance coverage
______________
* Corrects building or housing code violations
affecting the unit or common areas
* Provides hot and cold water and operational
sewage drains
* Maintains heating equipment for minimal
heating levels
* Maintain sound electrical systems and a safe
structure (windows and doors)
* Corrects defects that could cause substantial
safety risks
* Makes repairs caused by normal wear & tear
* Maintains common areas
* Maintains equipment in common areas
Property or Landlord
______________
* Pays for or makes required repairs
(as outlined in lease agreement)
* Pays for or performs simple
maintenance to keep plumbing and
other equipment in working order
* Reports problems to the
landlord/property manager as soon
as possible
Tenant
____________ only covers the building
Landlord insurance
____________ protects tenants against theft, disaster etc.
Renters insurance
Renter’s Insurance
___________:
* Stolen property
* Damage by others
* Liability/medical expenses
* Natural disasters
* Additional living expenses if you have to move out
Policies vary – Can cover
Renter’s Insurance
___________: Actual cash value or Replacement value
Available as
