Contracts: Rental Agreements

What is a tenant?

• A sum of money kept by the landlord

• A legal document for renting

• The person occupying the apartment

• The person renting out the property

What is a security deposit?

• Payments for electricity, water, and gas

• A monthly payment to rent the property

• A sum of money kept by the landlord during the lease term

• A legal document called a lease

What should you do if you want to negotiate parts of a lease?

• Ignore the lease terms

• Sign the lease without changes

• Write down the agreement and have both parties initial it

• Only verbally agree with the landlord

What is illegal under housing discrimination?

• Refusing to renew a lease due to a tenant's disability

• Raising rent after a lease ends

• Charging a security deposit

• Entering an apartment with notice

What should you do if your landlord does not return your security deposit?

• Wait indefinitely

• Ignore the situation

• Contact the landlord and request a written explanation

• Move back into the apartment

What is a cosigner's responsibility?

• To inspect the property regularly

• To negotiate lease terms

• To pay rent if the tenant cannot

• To live in the apartment with the tenant

What is required for a landlord to enter your apartment?

• No notice is needed

• A written agreement

• Reasonable notice

• A court order