Leasing Considerations
A lease agreement is a critical document that sets the terms and conditions of your tenancy. Knowing what to consider in a lease and what to watch out for is essential for a successful rental experience. The tips below from Off-Campus Student Life provide insights into the key elements you should pay attention to and what to steer clear of in a lease.
If you have questions or concerns about signing a lease, tenant-landlord issues, or roommate legal issues, contact Carolina Student Legal Services for free advice, or call (919) 962-1303, or email csls@unc.edu for more information. CSLS is located in Suite 3512 of the Student Union.
What to Look For in a Lease
- Specific dates of occupancy (and contingencies if you are moving into a new property or one undergoing significant renovation and the property may not be ready by the stated move-in date)
- Amount of monthly rent and the date it is due each month
- Amount of security deposit
- Responsibility for payment of utilities
- Responsibility for general maintenance and repairs
- Sublease: If you sign a 12 month lease but think you may need the dwelling for a shorter period of time, make certain the lease allows you to sublease (rent your dwelling to another person who will assume the remainder of the lease)
- Whether or not pets are allowed and associated fees with the allowance of pets
- Automatic renewal clause
- Type of lease: joint or individual
What to Avoid in a Lease
- At management's discretion, the tenant may be asked to leave regardless whether or not the lease has been violated
- Tenant waives all defects in the unit
- Landlord shall not be responsible for injury to person, including tenant and guests, as a result of any cause.
- Tenant is responsible for all repairs to premises
- Landlord may enter dwelling without notice
- Landlord has a lien (a legal claim on the property of another as security for the payment of a debt) on all personal property of tenant
Always:
- Inspect your new residence for damages and document them before you move in (the Police Department will come to your home and perform a free safety inspection, and the town can send over a Code Enforcement Officer)
- Establish and sign a new lease when moving in; don't "pass down" leases
- Purchase Renter's Insurance