Podcast
Questions and Answers
What does it mean when an apartment listing states 'utilities included'?
What does it mean when an apartment listing states 'utilities included'?
- The cost of services like water, electricity, gas, and sometimes internet is included in the monthly rent (correct)
- The landlord provides a subsidy for the tenant's utility bills
- The tenant is responsible for paying for all utilities separately from the monthly rent
- The cost of utilities is shared among all the tenants in the building
What does it mean for tenants to pay 'first and last month's rent' upfront?
What does it mean for tenants to pay 'first and last month's rent' upfront?
- The tenant pays the first month's rent at the beginning and the last month's rent halfway through the lease
- The tenant is required to pay two months' worth of rent as a security deposit (correct)
- The tenant pays the last month's rent at the beginning and the first month's rent at the end of the lease
- The tenant pays the first month's rent at the beginning and the last month's rent at the end of the lease
What is indicated when an apartment ad states 'no pets allowed'?
What is indicated when an apartment ad states 'no pets allowed'?
- Tenants can keep a limited number of pets in the rental property
- Tenants are allowed to have pets if they pay an additional fee
- Tenants are prohibited from keeping pets in the rental property (correct)
- Tenants are required to obtain permission from the landlord to keep pets
What does it mean when a rental listing mentions 'credit check required'?
What does it mean when a rental listing mentions 'credit check required'?
What does 'lease renewal option' refer to?
What does 'lease renewal option' refer to?
What does 'security deposit refundable' indicate?
What does 'security deposit refundable' indicate?
What is meant by 'proof of income required'?
What is meant by 'proof of income required'?
What does 'sublease permitted' indicate?
What does 'sublease permitted' indicate?
What is 'rent control' in the context of renting?
What is 'rent control' in the context of renting?
What does the term 'move-in ready' mean in the context of renting a property?
What does the term 'move-in ready' mean in the context of renting a property?
How would you describe a rental property that is not 'move-in ready'?
How would you describe a rental property that is not 'move-in ready'?