The lease is one of the important documents that you will need to fill out and sign before you can move into a new apartment. If there is a landlord who tries to get you to move into one of their units and does not provide a lease for both of you to sign, then this is a red flag and you need to take a look at some of the other options available to you when it is time to pick out a home. But if you have never rented an apartment before, then you may wonder how these leases work in the first place.
To start, leases are going to be legally-binding contracts between two parties. It is easy to fall into the trap of assuming the lease isn’t that important and just ignoring it or not reading through it. But it is a legal document like anything else and you need to be proactive and know what it says before you agree to sign it and make it your own. The two parties who are going to sign the lease will be the lessor, or the landlord, and the lessee, or the tenant.
The lease is going to involve a piece of property that is rented out by the owner, or the lessor, to the tenant for a specific amount of time. They can be verbal agreements, but usually it is best for both parties if they are drawn up and each person can have a copy, rather than just going on the verbal agreement. This can keep things organized along the way.
Both parties will come together and agree on the terms of the lease, including the amount of the rent each month, how long the contract is good for, and any of the consequences that will happen if either the landlord or the tenant are not able to uphold some of the terms and conditions in the contract. If there is something within the lease that you are not happy about or don’t understand, you need to bring it to the attention of the landlord before you sign so that the issues can get found.
The right location will make all the difference when it is time to pick out a new apartment to make their own. We are proud to offer some amazing apartments in downtown Delray to ensure that you are able to get the home of your dreams. These will have the space and comfort that you need in a new home, ensuring that you are comfortable and will not be left out in the process of apartment shopping. Contact a member of our team today to learn more