ivynest

March 05,2022

WHAT DO YOU MEAN BY RENTAL APARTMENT?

The word "unit" is commonly used to refer to an apartment, which is typically merely one piece of a larger structure that houses numerous households. Renting a flat entails making a legal agreement with the property's owner to live in the area for a set sum. Rent is the term for this amount, which is normally paid on a monthly basis. The tenant is the person who rents the apartment and lives there. A lease is a contract that represents the legal arrangement between the landlord and the renter. The lease contains all of the legal conditions of the rental agreement, so read it thoroughly and understand what is required of you and what you may anticipate from the owner. You should also preserve a copy of the lease for your records in case you need to refer to it.