Neighborhood Know-How
What is a factor to consider when choosing the location for your apartment? (HINT! accessing the community around you)
What is access to public transportation/bus stops?
What percentage of your monthly income is generally recommended to spend on rent? (HINT! you can give me a range but it is less than 50%)
What is 30%?
What is a lease?
What is a legal contract between the landlord and tenant outlining the terms of the rental agreement?
What is an amenity?
What is a feature or service provided to enhance the living experience in an apartment?
What is one thing you should always check during an apartment inspection?
What is the condition of the plumbing, such as faucets and toilets?
Name one resource you can use to research if the neighborhood has access to bus stops.
Google Maps
What is a security deposit?
What is a sum of money paid upfront to cover potential damages to the apartment?
What does the term "subletting" mean?
What is renting out your apartment to another person while your lease is still in effect?
Name a common apartment amenity found in urban areas. (aka big cities)
What is a fitness center or gym?
Why is it important to test all the light switches during an inspection?
What is to ensure the electrical system is working properly?
Why would it be important to visit a potential neighborhood before moving there?
See how walkable it is, access to restaurants and stores, etc
Name a utility cost that is often not included in the rent.
What is electricity or gas?
What is a "lease renewal"?
What is extending the term of your current lease for an additional period?
What is the benefit of having in-unit laundry facilities?
What is the convenience of doing laundry at home without needing to use a laundromat?
Name a potential red flag to look out for during an apartment viewing.
What is the presence of mold or water damage?
What is one benefit of living near parks or recreational areas?
What is having access to outdoor activities and green spaces for relaxation?
What is the purpose of renter’s insurance?
What is to protect your personal belongings and provide liability coverage?
What does "no pet policy" indicate in a lease?
What is that pets are not allowed in the apartment?
Why might a tenant value having a parking space included with their apartment?
What is to ensure convenient and secure parking for their vehicle?
Why should you check the windows during an apartment inspection?
What is to make sure they open and close properly and are well-sealed to avoid drafts?
What does the term "walkability score" refer to?
What is a measure of how easy it is to walk to amenities like grocery stores, schools, and public transportation?
Why is it important to have an emergency fund when renting an apartment?
What is to cover unexpected expenses such as sudden repairs or temporary relocation?
What is an "early termination fee"?
What is the penalty charged for breaking the lease before the end of its term?
What is a concierge service in an apartment building?
What is a service that assists residents with various tasks such as receiving packages and making reservations?
What is one reason to inspect the appliances in a furnished apartment?
What is to confirm they are in good working condition and meet your needs?