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I'm new at this, I'm young and looking to get an apartment soon with a friend.

2007-03-16 16:47:36 · 12 answers · asked by :) 1 in Business & Finance Renting & Real Estate

12 answers

Most rent by the month, with rent usually due on the first of each month.

2007-03-16 16:51:32 · answer #1 · answered by snarf 5 · 0 0

You will generally sign a 1 year lease. You will make payments on this lease on a monthly basis. It is a year to year term with most leasing offices.

It can be much different when you're renting privately. You may sign a contract stating you are a month to month tenant, or a week to week tenant. These leases, however, are fairly uncommon.

Educate yourself now. Research the landlord/tenant statutes of your state, and have your parents help you if there are sections of the statutes you don't understand. These are to protect you. The laws are almost always on your side unless you don't pay your rent.

2007-03-16 17:13:33 · answer #2 · answered by sovereign_carrie 5 · 0 0

Most apartments are rented monthly.

2007-03-16 16:55:57 · answer #3 · answered by georgia_peach 6 · 0 0

Most Apartments are leased yearly, with monthly payments due on the first of each month.

Also, if you are young and have not established credit yet, be prepared to put down a security deposit equivalent to your first months payment.

2007-03-16 16:54:20 · answer #4 · answered by themligroup_com 2 · 1 0

Most are monthly because it's less of a hassle for the apartment manager.

2007-03-16 16:51:04 · answer #5 · answered by Smiles 3 · 0 0

You pay rent by the month and you usually sign a year lease. For a roommate situation you will both sign the lease and you will both be resonsible for the rent-however, if one of you bails out, the landlord can and will go after the one they can track down for the rent. That means they don't have to go looking for your roommmate if your roomie skips out and leaves you holding the bag.

2007-03-16 16:52:25 · answer #6 · answered by Anonymous · 1 0

Usually monthly, except for very low-end apartments, which would be weekly, or VERY VERY low-end apartments which would be hourly.

2007-03-16 16:53:18 · answer #7 · answered by T J 6 · 1 0

maximum places employ with assistance from the month. those that furnish weekly leases are frequently geared in the route of short-time period tenants. You pay employ for the month formerly you stay there--it extremely is, the price you're making on December first covers all of December. in many circumstances, a deposit equivalent to a minimum of a month's employ is needed, plus the first month's employ. in case you go away the living house in strong structure and on strong words, you get the deposit again. once you've pets, you'll virtually really be required to pay an more advantageous deposit, that you will be able to or gained't get again. pay interest on your employ--it extremely is, the settlement you signal once you flow in. in many circumstances, in person-friendly words those people whose names are on the employ are allowed to stay there. there should be further regulations on particular activites, or criteria the favor arises stick with or be in violation of your employ. in many circumstances, the owner is to blame for major upkeep to appliences, and so on, yet you're to blame for protecting the living house in functional structure. If the refrigerator breaks, the owner could replace it. yet in case you throw a social gathering and a below the effect of alcohol buddy knocks a hollow in the wall, you should pay for that both out of pocket or out of your deposit.

2016-11-26 01:11:05 · answer #8 · answered by ? 4 · 0 0

I think Sunshine covered it about as well as it can be covered.

Good luck on your new place.

2007-03-16 17:02:25 · answer #9 · answered by gimpalomg 7 · 1 0

most are monthly

2007-03-16 16:56:07 · answer #10 · answered by ? 6 · 1 0

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