Leasing a Home: What You Need to Know
Leasing a home is an exciting step toward finding your perfect space. Whether you're new to renting or seeking a change, understanding the process can make all the difference. This page covers key essentials, including what landlords look for and common lease rules.
What to Expect in Leasing
Leasing is an agreement granting you the right to live in a property for a set period, typically 6-12 months. Rentals include single-family homes, apartments, and townhouses. Key lease terms often cover rent, security deposits, maintenance, and pet policies.
What Landlords Look For
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Income: Typically 2.5–3x the monthly rent.
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Credit: A good credit score reflects reliability.
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References: Insights from past landlords or personal contacts.
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Background Checks: Criminal and rental history reviews.
Common Lease Rules
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Rent Due Dates: Specified dates with potential late fees.
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Maintenance: Tenants handle minor tasks; landlords manage major repairs.
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Pet Policies: Restrictions or additional deposits for pets.
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Subletting/Guests: Often limited or restricted in lease terms.
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Ready to lease? Use the Rent Affordability Calculator to find your budget, and contact me for help finding your perfect rental home!
Cell: (903) 603-0648
Email: Amanda.Allen@cbrealty.com