Renting 101

Front

What is a security deposit?

Back

A refundable deposit held by the landlord to cover damages or unpaid rent.

Front

What is a lease?

Back

A document outlining the terms of a rental agreement

Front

What is the difference between a fixed-term lease and a month-to-month lease?

Back

A fixed-term lease is for a specific period of time, while a month-to-month lease can.

Front

What is a sublease?

Back

When a tenant rents out their entire rented space to someone else.

Front

What is the difference between a landlord and a property manager?

Back

A landlord is the owner of the rental property, while a property manager is hired by the landlord to manage the property.

Front

What is an eviction?

Back

When a tenant is forced to move out of a rental property by law enforcement.

Front

Can a landlord raise the rent during the term of a lease?

Back

Only if the lease agreement allows for it.

Front

What is normal wear and tear?

Back

The normal deterioration of a rental property due to regular use.

Front

Can a landlord enter a rental property without permission from the tenant?

Back

No, unless it's an emergency situation or the tenant gives permission.

Front

What is the difference between a furnished and unfurnished rental property?

Back

A furnished rental property includes furniture, while an unfurnished rental property does not.