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Renting an Apartment
On Your Own
Terms in this set (17)
In a lease agreement, the ______ is the owner of the property, whereas the ______ is the renter
A sum of money usually equal to one month's rent, held by the landlord to cover any damage to the apartment caused by a tenant.
a portion of the total cost of an item that must be paid at the time of purchase
the person who owns the property that you rent
A term used to reference electric, water, gas, and other services.
the process of verifying certain information provided by a applicant
The legal process of removing a tenant from rental property
someone who occupies a house or place; tenant
a contract granting use or occupation of property during a specified time for a specified payment
A time period during which no late charge will be added to your rent.
Minimum days you can be away from your apartment
original lessee leases property to someone else. Original lessee retains liability
Protects you against damages outside of your control
the act of examining or reviewing apartment within 24 hrs.
a type of insurance that covers the loss of a tenant's personal property as a result of damage or theft
Renewal of Lease
A new lease. An extension of a lease continues the old lease.
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