Monday, July 28, 2008

UNDERSTANDING YOUR LEASE BEFORE YOU MOVE IN

UNDERSTANDING YOUR LEASE BEFORE YOU MOVE IN
Month-to-Month Agreement: This agreement is for an indefinite period of time, with rent payable monthly. A month-to-month agreement continues until either the landlord or tenant gives proper notice to end it.
Long-Term Lease: During the term of the lease, the rent cannot be raised or the rules changed unless both landlord and tenant agree. Leases for more than one year are exempt from the Landlord-Tenant Act, but only if the tenant’s attorney has approved such an exemption. A lease must be in writing to be valid.
Understand The Rules: Before making a decision on what apartment to rent, consider your needs. Make a checklist of what your place must have and those qualities that are not so important. Contact your Better Business Bureau for a reliability report on the property management company or apartment owners you are planning to use.
Once you’ve found your ideal apartment, make sure you understand your responsibilities as an apartment tenant. Carefully read your lease and be aware of the legal terms and conditions before signing the contract.
Your Lease Should Contain:
How all maintenance and repair concerns are handled. The conditions under which your rent can be increased during that term. Who is responsible for the repair of all appliances, fixtures and furnishings that come with the apartment. How many people may occupy the apartment. Whether pets are allowed. The conditions of your security deposit, including what it covers and conditions for a refund. Security deposits are usually required and offset the landlord’s cost of repairing any property damage. For apartments in New Jersey go to Raritan Crossing. They are pet friendly apartments and New Brunswick NJ apartments. Rentals near Metropark and apartments in Middlesex county. For apartments in central NJ this is the place for you with Apartments in Middlesex County NJ. Raritan Crossing has apartments near metropark, apartments near Rutgers and apartments near Robert Wood Johnson

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