A lease you can live with
Click the actions that you think would be a positive before entering into an apartment lease. For details, click on Library. Try to raise the bar to 100%.
Raise your score with careful choices
A good start
Another good choice and you're past halfway
If there’s anything you don’t understand, don’t sign; take it home and think it over.
Ask the landlord if your roommates can co-sign the lease, making them equally responsible.
If utilities won't be covered by your rent, don’t include them in your monthly spending plan.
Ask someone familiar with leases to help you understand the “lawyer language.”
Avoid a written lease if you can. Make a “handshake” deal with the landlord instead.
If you have roommates, never let them read the lease.
See how much notice is needed before moving out and the penalty if you break your lease.
If the rent’s affordable now, don’t worry how often the landlord’s allowed to increase it.
Interested in becoming a homeowner? See the topic Buying a Home in the Hands on Banking Adults course. Click the Next button to continue.