8/29/2023 0 Comments Utopia management cancel lease![]() ![]() Understand the required notice or associated fees with lease renewal. When you tour the property, conduct a thorough inspection and document all damage so you can prove the condition of the property before you moved in. This will impact your security deposit at the end of the lease term. What is the current condition of the property?įind out if there are written records of the property condition before you move in. This goes for all property upkeep, including pest control, plumbing, electricity, and physical damage. It also should provide the process for requesting maintenance or repairs and any associated fees. The lease should detail the landlord’s responsibility for property maintenance and repair. What is the process for a maintenance request? It should include a required notice at least 24 hours in advance. However, there are laws protecting tenant privacy, so be sure to identify the policy for non-tenant access. Usually the landlord, maintenance workers, or property managers may need to stop by the property on occasion. Find out the rules around subletting and how it can impact the monthly rent. Understanding the subletting policy is also important as it can save you a lot of trouble and avoid an eviction if needed. Be sure you understand the process for early termination so you can be prepared for that situation. ![]() More commonly, there may be fees associated with early termination, such as withdrawal of the security deposit. However, for other reasons like loss of employment, the landlord can reject early termination and carry out an eviction. There are a variety of laws in California that grant tenants early termination for reasons such as active military duty or sexual harassment. If that is the case you will have to provide proof of insurance upon signing the lease.īreaking the lease early can be a complicated process, so you want to understand the landlord’s position on early termination before you sign the lease. See if your lease requires that you have renter’s insurance. While renter’s insurance is strongly recommended for any renting situation, some landlords do not require it. Be sure to understand the security deposit terms and any specific situations you can avoid to have your deposit returned. However, sometimes a portion of the deposit is deemed “non-refundable” for a certain reason. Typically the security deposit is returned if there is no damage or significant filth on the property when you move out. Is any part of the security deposit non-refundable? There may also be additional administrative fees and costs specific to moving in. Usually, prior to your move-in date, you will have to pay first month’s rent and the security deposit, which can be up to 2 or 3 times the rent. It’s extremely important to be aware of the upfront cost for moving in. ![]() Sometimes there is an online payment option or an in-person delivery option. Usually you will be able to mail rent to the landlord or property manager. ![]() You should also be aware of the process for rent payment, or how the landlord will accept payment. Additionally, you should know if the rent is “pro-rated.” This means that your first month’s rent will be reduced if your move in date is not on the first of the month, so that you only pay for the time you spend there. The lease should include that information, as well as the policy for a late rent payment. Of course, one of the first things you should find out is when the rent is due. Here’s a brief checklist of the most important things to understand before signing a lease: You can also negotiate the term of the lease, whether it be annual or month-to-month. Typically, many items in a lease are standard and your landlord may be willing to negotiate with you reasonably. Additionally, you have the option to negotiate any terms that you see unfair. You should be fully aware of the terms that your landlord will be holding you to. It is vital that you read the lease carefully and in full before you agree to anything. Whether you’re renting an apartment, condo, duplex, or full-sized home, there are a number of important things to consider before signing a lease. ![]()
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