If you are renting your home, there are probably a lot of myths that you believe to be true, and in doing so, you could be in for a rude awakening if something goes wrong at your place. These are five of the most common rental myths that people have heard that are simply untrue, such as that leases are not negotiable.
Key Takeaways:
- Rent prices, fees, and lease terms are often negotiable.
- The landlord may not be responsible for all repairs, and may withhold your deposit, so it’s a good idea to schedule a walk through before you move in and before you move out.
- Thoroughly check your individual lease for the property’s lease break policy, landlord’s repair responsibilities, security deposit and damage addendums, and noise clauses.
“Regardless of how your landlord or property manager handles inspections, be sure to conduct your own walkthrough to check for these common problems.”