What to do before you sign an apartment lease

by | Dec 2, 2016 | Real Estate

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If you’re looking for furnished apartments for rent in Hollywood, you will likely be required to sign a lease before moving in. To protect you and your interests, knowing what your responsibilities and rights are will help prevent you from an unpleasant rental experience down the road. Here are some things you should be prepared for when renting an apartment:

  • Have all of your paperwork ready: You’ll need to show your potential landlord proof of employment, so have at least 2 pay stubs ready; you will also need to show proper identification, such as a driver’s license, etc.

  • Make sure you are credit-worthy: Before you get approved to rent, your potential landlord will check your credit. They need to be confident that you will pay your rent on time every month.

  • Save for first and last month’s rent: Most landlords will require both first and last month’s rent, so you need to make sure you have enough saved up. Come up with a budget of how much you can afford each month. It’s a good idea to have at least 6 months’ worth of rent saved up, to account for unexpected events. Don’t forget about the security deposit, which typically accounts for one months’ rent.

  • Walk-through with the landlord: Before signing your lease and agreeing to any terms, have a walk-through with your landlord. Take note of anything that needs to be repaired, or cleaned, etc. If possible, have a video camera with you; otherwise, have your landlord sign a document outlining any damage or marks/scratches, etc. before you move in.

Furnished apartments for rent in Hollywood can save you both time and money in the long run. To make your experience as positive as possible, follow the above tips before signing a lease and make sure you understand all of the terms of the lease.

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