How to Navigate Your Apartment Lease Like a Pro

Apartment Lease 1Apartment searching can be exhausting.  You search for the right complex, find a unit that fits in your budget, and endlessly debate the importance of different features.  Once you finally find a good place, it’s easy to ignore the apartment lease and just sign whatever the landlord hands you.

Don’t fall into this trap!

Here are a few ways you can navigate your apartment lease like a pro, and be more satisfied with your stay.

1.  Read Everything

Read the whole lease.  It doesn’t matter if the agent sighs loudly, checks their watch, or tells you that ‘it’s all very standard.’  Understand what you’re getting into!

If you’re confused about anything, ask for clarification.  If you don’t like a particular policy (such as a move out policy, early lease termination, etcetera), ask to change it.

Remember that landlords want good tenants to stay for a long time.  A little flexibility is often possible… but only if you ask for it.

Apartment Lease 22.  Put any Changes in Writing

Put any changes to your apartment lease in writing, and make sure everyone signs it.

First, this prevents confusion between you and the property manager.  Eliminating ‘gray areas’ can be a big help down the line.

Second, it codifies any verbal agreements that are in place.  While you may have a ‘handshake deal’ with the leasing agent, what happens if they quit?  What if they forget the deal?  Don’t stake your financial future on a stranger remembering your conversation.

3.  Document the Move-In with Photos and Video

Your apartment lease will probably include a security deposit.  This protects the landlord against damage to the space, such as wrecked cabinets, ruined carpet, or broken appliances.  However, not all apartments are perfect on the move-in date!

Apartment Lease 3Many already have a few flaws.  Perhaps your unit includes some missing tiles, an outlet that doesn’t work properly, or a hole in one of the closet doors.  Photograph or take video of the apartment BEFORE you move in.  That way, you won’t get charged for damage from previous tenants.

4.  Be Honest

Being honest with your landlord goes a long way.  If you need to terminate the lease early, tell them as soon as possible.  If you have a pet, don’t lie about it and try to sneak Fluffy in through the back door.  Your property manager is very likely to find out, and you will lose their trust.

The same goes AFTER you move in.  If you damage the property, let your landlord know.  If you are going to be a couple of days late with rent, call them in advance.  While property managers are running a business, they are also people.  They may be more understanding if you are truthful and communicate well.

apartment-lease-45.  Take Care of Your Home

Landlords check references, and will call your previous apartments.  So, if you have a habit of staining carpets and breaking windows, you’re unlikely to make it to the top of the priority list.  By taking care of the property, you have a much better chance of getting a nicer place next time around.

So be careful and thorough, and you’ll be ready to navigate that apartment lease like a pro!

 

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