Other Leasing Information
Security Deposit
What is it?
○ A security deposit is a required, but a refundable payment. It ensures that
the property is not damaged, and all rent is paid during the time you lease
it. The payment is often equivalent to one month’s rent and will be returned
to you at the end of your lease if there are no issues.
Tips on Security Deposits:
○ Take pictures of your entire place before you officially move in
○ Take note of anything that is not in the proper condition and inform your
landlord (there will often be a form, but if there is not, be sure to do this)
○ Make sure to ask about your security deposit at the end of your lease
Repairs & Work Orders
What happens if something needs to be repaired?
○ Most apartment complexes and houses have work order systems. A work
order is usually an online form where you can submit your problem, and
your landlord or building representative will follow up with you
○ Don’t hesitate to submit a work order; it is their job to fix any repairs!
Main Components of a Lease
How is rent paid every month?
○ It will depend on each complex, but there are often a couple different ways
to pay rent:
■ The first way is to send a check to your building management or real
estate company (If this information isn’t in the lease, check with your
landlord)
■ The second way is often through an online payment system, where you
can set up automatic payments every month. It connects to your bank
account, and lets you know when it’s been paid so you don’t have to
worry!
● If you pay with a credit card, there is often a fee associated with it.
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