I see an apartment building with a sign and they say "village inn apartments, free rent! $99 move in fee!
what does that indicate?
2007-02-27 12:05:21 · 5 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
I would suggest that the free month would not be for the first month but rather the last month of a lease. Everyone would move in and leave after the first month if the first month was free. In higher rental vacancy rate type markets there is a number of inducements offered by landlords. Free rent, Free T.V., move in bonus to help moving costs, etc..
2007-02-27 13:41:37 · answer #1 · answered by glen s 3 · 0⤊ 0⤋
It's a promotion to get you to rent with them. You sign a long term lease (usually 12 months) and you get the first month free.
The $99 move in fee represents a security deposit that everyone will require new move-ins to pay.
2007-02-27 12:18:49 · answer #2 · answered by The Drew 4 · 0⤊ 0⤋
You may end up signing a 13 month instead of a 12 month lease. You'll still have to qualify, income wise. And many landlords run a credit and criminal check at the same time.
2007-02-27 12:46:46 · answer #3 · answered by Venita Peyton 6 · 0⤊ 0⤋
Maybe it's free for a month, with the signing of a lease. I can't imagine why it'd be free permanently, unless they have some other way of charging you.
2007-02-27 12:14:49 · answer #4 · answered by T J 6 · 0⤊ 0⤋
Rent-To-Own Home : http://RentToOwnHome.uzaev.com/?PHGI
2016-07-12 03:22:29 · answer #5 · answered by Lakenya 3 · 0⤊ 0⤋