Finding an apartment flash cards

Set: Finding an apartment

Term	Definition
Landlord	The company or indevidual that owns an apartment.
Lease	A legal document signed by both the tenant and the landlord that contains the terms of the agreement, such as the names of the tentants, the rent amount, and the responsibilities of the landlord and the tenant.
Location	The Location of your apartment is an important safety consideration and also determines your ease of getting to work, buying groceries, etc.
Notice	An amount of time required in advanced if either the landlord of the tenant wishes to discontinue the rental agreement. This courtesy allows both parties time to make other agreement. This courtesy allows both parties time to make other arrangements.
Rent	The payment, usually monthly, that the tenant pays to the landlord.
Security Deposit	A sum of money usually equal to one months rent held by the landlord to cover any damage to the apartment caused by a tenant.
Tenant	The person renting the apartment.
Term	The length of a rental agreement, usually a period of one year.
Unit	One indevidual apartment. A large apartment building may contain 20 or more units.
Utilities	Items and services needed to make a house or apartment functional such as hot water, electricity, natural gas, phone service, and cable service.