PROPERTY MANAGEMENT Landlordssolutions.com
HOW MUCH MONEY DO YOU NEED TO RENT AN APARTMENT? ď‚ž
You just cannot take any step beyond your budget and similarly when you are searching an apartment then you must know your budget and money you will be required to rent an apartment only then you can find the best apartment within your budget.
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ADVANCE PAYMENT
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Your landlord will ask for some advance payment to get sure about your tenancy. This type of payment is non-refundable. The amount may be either the half of the one month rent or even the full.
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BROKER CHARGES
If you used a broker to get your apartment then you need to pay the broker charges also. They will take their commission to find an apartment for you. Commonly the broker’s charges are either the 10% of one year’s rental charges or equal to the first month rent.
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SECURITY DEPOSIT
Landlord collects security deposit which is refundable. This amount can be equal to the one or two month’s rent. If you will not cause any damage more than normal wear and tear then you landlord will return the security deposit. If the landlord will find any major damage then he will deduct the maintenance charges from the security deposit and will return the rest.
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OTHER FEES
The landlord may also charge you other fees for expet’s charges. He might not allow pets in his house but may agree by charging fees for them too. This will also be taken as security deposit which will help the landlord pay for a situation your pet causes damages.
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PROPERTY MANAGEMENT MARYLAND http://www.landlordssolutions.com