If you are a first-time renter, remember this info when reviewing your apartment lease.
When moving into a new apartment, the first step is reviewing and signing your lease with your landlord or property management company. A lease is a legally binding document that outlines the terms of your rental and what the renter and landlord are responsible for. This document helps make expectations clear so that renters can avoid misunderstandings and expenses in the future. If you are a first-time renter, you may feel overwhelmed when presented with your lease. However, they can be easy to understand once you know what each contains.
How Apartment Leases Work
Once you are approved for your apartment, the landlord or management company will provide you with a copy of the lease. You and the management company must sign it before it becomes legally binding. All adults over age 18 must sign the lease.
Before signing this document, read and review it to discuss any questions or concerns you have. If any terms aren’t clear, now is the time to ask questions. Once the terms are agreed upon and signed, you can move in on the day indicated in the lease. Make sure to keep a copy of your lease in either physical or digital formats!
Apartment Lease Terms to Know
These are the most common terms you will see when you review your lease.
- Length of Lease: The amount of time you will be living in the apartment before renewing your lease (if you plan on staying). The average lease length is 12 months.
- Rent Amount and Due Date: This specifies the monthly rent and the day it is due. It should also identify how rent can be paid (e.g., through online payments) and what late fees may apply.
- Deposits: When you first move in, you must pay a security deposit. There should be information in the lease about how much it is and how it will be returned at the end of the lease.
- Occupancy Limits: There may be restrictions on subleases and long-term house guests.
- Pets: The lease may state which pets are allowed. If you live with a pet and are paying a pet fee, your lease may have an addendum regarding pet fees and care rules.
- Maintenance: This specifies the maintenance the owner will complete and which the apartment resident is responsible for. For example, the property owner is often responsible for preventative maintenance and regular repairs.
- Behavior Restrictions: Apartment leases usually outline restrictions on loud parties, practicing music, smoking, and proper use of common areas.
What Do You Need to Lease Your New Apartment?
Before you can lease your apartment, you will need to apply. The application typically requires proof of identification and income, which can be established through a pay stub, tax return, or contract. A credit check is likely to occur, while some apartment communities may also ask for your previous rental history or a background check.
When you work with the professional, experienced community of Beechtree Apartments, you can be sure that the application and leasing process is straightforward. There is no reason to fear apartment leases, even as a first-time renter. The right apartment community for you will be transparent with information and answer any questions you have about your new apartment lease.
Let Us Welcome You Home to Your Fabulous New Apartment!
Here at Beechtree Apartments, we pride ourselves on providing you with luxurious living and affordable pricing. So when you choose one of our fabulous new apartments in Calvert County, you can see how modern living meets modern-day conveniences.
It’s easy to find us! Visit us at 200 Jenden Way Suite 101, Prince Frederick, Maryland 20678. Are you social? Feel free to follow us on Facebook and Instagram! You can also reach us by phone at 443-432-3557!
