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Finding an apartment
Finding an Apartment
| Term | Definition |
|---|---|
| Landlord | The company or individual who owns an apartment. |
| Lease | Document contract between landlord and tenant |
| Location | The place where something is at |
| Notice | The amount of time required in advance if either the landlord or the tenant wishes to discontinue the rental agreement. |
| Rent | The payment, usually monthly, that the tenant pays to the landlord. |
| Security Deposit | A sum of money, usually equal to one month’s rent, held by the landlord to cover any damage to the apartment caused by a tenant. |
| Tenant | The person renting the apartment. |
| Term | The length of a rental agreement, usually a period of one year. |
| Unit | One individual apartment |
| Utilities | Services needed to make a house or apartment functional, such as hot water, electricity, natural gas, and cable and Internet service. |
Created by:
mmetzger38