Remember to ask questions! The more we ask, the more we learn. This short list focuses on three important questions to ask when comparing Apartment Complexes In Athens Ohio.
Can rent increase during my lease?
In a fixed-term lease, your rent stays constant throughout the length of the contract. Any change to the lease (such as a rent increase) can only take place if both renter and landlord agree upon it in writing.
If you are looking for a place to rent over a one-year period, ask if any increases are in plan. Rents are growing at a quick pace, so make sure you factor in potential rent increases if you plan on living there longer.
Any expenses, other than rent, at Apartment Complexes In Athens Ohio?
Most rental leases require a substantial refundable security deposit. Some states limit how much can be charged for this purpose. The amount typically required is equal to one month’s rent. Most Apartment Complexes In Athens Ohio charge that amount.
Besides rent, utilities will also make up a large part of your monthly housing expenses. Your landlord should be able to give you general information about the estimated cost of utilities in your apartment. Find out if prices vary substantially throughout the seasons. If you have to use up energy to keep warm during winter and cool in the summer, it will painfully show up on your bills. In some cases, certain utilities such as the trash may be included at Apartment Complexes In Athens Ohio.
What happens if I must leave before my lease ends?
Planning well is also about thinking out strategies for dealing with unpredictable situations, which makes this one of the most important questions to ask before renting. What happens if you decide to leave Ohio University and have to move across the state on short notice?
Typically, it is very difficult to break a lease without financial penalties. Discuss your options and include an early termination clause in the lease. Your landlord of your Apartment Complexes In Athens Ohio might ask you to give at least 30 days’ notice before leaving, and require you to find a replacement renter. Alternately, they might keep your security deposit as an early termination fee. In some cases, you will have to cover rent for the remaining period of the lease, or at least until the landlord finds a new tenant. The key is to clearly phrase the options in the lease.
