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Renting!!!! By: Jackie & Tia

Renting!!!! By: Jackie & Tia. Renting. 1/3 of the U.S. rents their housing Single, young married couples, senior citizens Usually paid monthly Request Security Deposit before moving in. Lease. Month-to-month or specific length of time Landlord (Lesser) -> Lease -> Renter (Lessee)

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Renting!!!! By: Jackie & Tia

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  1. Renting!!!!By: Jackie & Tia

  2. Renting • 1/3 of the U.S. rents their housing • Single, young married couples, senior citizens • Usually paid monthly • Request Security Deposit before moving in

  3. Lease • Month-to-month or specific length of time • Landlord (Lesser) -> Lease -> Renter (Lessee) • Parts of a lease p.125

  4. Moving Out Early • Assign- someone else responsible • Sublet- both parties responsible

  5. Rights and responsibilities • Breach of contract - Lawsuit filed - Renter- Most common: failure to pay rent. -Landlord- failure to provide

  6. Eviction • Fail to live up to responsibilities • Can only evict after renter fails in responsibilities • Varies from state to state • Written legal notice- warning

  7. Renters Insurance • Protection against the loss of personal property due to theft, fire, or other causes

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