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What is a tenant?

A tenant is somebody who pays rent to live in a residential or commercial property (house, apartment, condo, townhouse) that comes from somebody else.

What is a property owner?

A property manager is the owner of the residential or commercial property that the tenant resides in.

What is a residential or commercial property manager?

Sometimes, the owner of the residential or commercial property works with somebody to oversee and handle their residential or commercial property for them.

What is a lease?

A lease is a written contract between you (the occupant) and the proprietor, enabling you to live in the residential or commercial property in exchange for lease. For your security, you ought to just participate in a composed lease. The lease states what you are accountable for, and what the landlord is responsible for. Both you and the proprietor sign the lease and you both need to do what the lease states. Leases are often difficult to understand, even for native English speakers, so it is best to have somebody you rely on help you understand your lease, or call an attorney to help you.

What is rent?

This is the quantity of money you will pay the proprietor each month. Rent is paid ahead of time, meaning that lease is due at the beginning of the month, generally on the first of the month, for that month. Make sure you know where and how to pay the lease - online? By check? Cash? If you pay your lease in cash, constantly get an invoice as proof of your payment.

What is the term of the lease?
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This is the time period you and the property owner concur that you can live in the residential or commercial property, and you will pay lease. The majority of the time the term is for one year, but it can be less or more if both you and the property manager concur. When this term is over, you and the proprietor can sign a brand-new lease-if you both agree-and start all over. Or, you can leave the residential or commercial property.

What are the things the proprietor is accountable for?

Mainly, the proprietor is accountable for making certain the residential or commercial property is fit to reside in and standard things work. Most repairs are usually the landlord's obligation, particularly larger things like the furnace, warm water heater, air conditioner, range, fridge, dishwasher, etc. Make certain the lease has either the property manager's or residential or commercial property supervisor's contact information-telephone number, email address, etc.-and how to get in touch with the proprietor or residential or commercial property supervisor in an emergency situation.

What are the primary things the tenant is accountable for?

You are required to 1) pay rent and 2) keep the residential or commercial property in good condition. Any other duties will be noted in the lease. Sometimes the occupant is accountable for minor repair work and the property owner is accountable for major repairs. Ensure you understand what repairs you are accountable for before you sign the lease. The renter is also accountable to spend for any damages that they, or any of their guests, cause.

What is a down payment?

This is money that you offer the landlord to keep in case you stop working to pay rent or if you harm the residential or commercial property. The security is your cash. If you do everything that the lease says you are needed to do (in many cases, remain for the complete regard to the lease, pay your lease, and don't damage the residential or commercial property) then you should get your down payment back at the end of the lease. This must take place within 1 month after the lease has actually ended, or 60 days if that's what the lease states, however it can never ever be more than 60 days after the lease has ended. The proprietor must offer you a written declaration that reveals any reductions from the security deposit, and why it was deducted. Along with this declaration, the property owner should provide you any money that is due to you. If you do not concur with the part of your security deposit that was kept by the property manager, you can go to small claims court and have a judge decide. You can get more details about small claims court from the county in which you live. Also, see the resources listed below for more assistance.

What am I expected to pay before moving in?
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The majority of the time you will be required to pay the first month's rent plus a security deposit, which is generally equal to one month's rent. Sometimes it can be more. Also, if you are moving in the middle of a month, you may be needed to pay lease for the part of the month you will be residing in the residential or commercial property. For instance, let's say the lease is $1,500 each month and you are moving in on the 1st of the month. You will pay the 1st month's lease, $1,500, plus the security deposit, $1,500, for an overall of $3,000. But if you move in on the 20th of the month, you will most likely have to pay $500 for the 10 days of the present month (1/3 of a month), plus the $3,000 described above.

What else do I need to pay every month besides lease?

Rent may not be all that you need to pay. Usually, most utilities-electricity, gas, water, web, cable TV-are paid by you. Everything that you are accountable to spend for will be listed in the lease. Sometimes, some utilities are included in the rent, however the majority of the time they are not, and you are required to pay them. Ensure you understand everything that you are required to pay for before you sign the lease.

Is the lease negotiable?

Many products in the lease are flexible and can be altered if you and the property owner both agree. The 2 most common things that people attempt to negotiate are the term and the rent. Let's state the property manager wants a tenant for one year, however you just wish to remain for six months. The term will be chosen by what you both accept. Same with the rent. Remember, both you and the proprietor should concur.

How should I communicate with the property manager or residential or commercial property manager?

Try to communicate with your landlord in writing when possible (email, etc) Naturally, you can call, but attempt to follow that with an email to validate what was said. If it is a concern, you ought to send a letter by qualified mail. In an emergency, call the emergency number that must remain in your lease. If that number is not in your lease, ask for it before you move in.

How do I submit a problem on a residential or commercial property supervisor?

You can file a complaint versus a residential or commercial property manager with the Division of Real Estate.

Filing a Complaint

Can the property owner or residential or commercial property manager check out the residential or commercial property while you are living there?

Your landlord or residential or commercial property manager may want to go to the residential or commercial property from time to time to examine its condition, however the landlord or residential or commercial property supervisor can not simply come over whenever they want (an exception is if there is an emergency situation). They need to give you sensible notice or get your consent, and it should be at an affordable time. Check your lease arrangement concerning this notice and the landlord's right to get in the residential or commercial property. Once you rent the residential or commercial property from the landlord, it is your home for the regard to the lease, and you have a right to privacy.

Can I be charged a late charge if my lease payment is late?

Yes, only if your rent payment is late by 7 or more days and the late fee is specified in your lease. You must get notice of the late cost within 180 days of the date on which your rent payment was due. Late charges charged by landlords and residential or commercial property managers are restricted to the greater of $50 or 5% of the past due rent payment.

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Can I be evicted from the residential or commercial property?

An eviction is a legal procedure that a landlord must go through to eliminate you from the residential or commercial property. This procedure is generally utilized when an occupant breaches one or more lease terms, for example, failing to pay lease, not leaving the residential or commercial property after the lease term ends, allowing individuals who aren't on the lease to remain in the residential or commercial property, or performing prohibited activity on the residential or commercial property. For information on your rights if you are being forced out, see the resources below.