What is a primary leasee?

The lease between a landlord and a direct tenant. Contrast with a sublease, which is between the tenant and a subtenant.

What does a 1 year lease mean?

A lease is term-specific, usually lasting one year. That means that you have agreed to live in the apartment for that period of time. A landlord can make you buy out your lease, for example. Let’s say you have four months left on your lease, and you pay $1,000 in monthly rent.

Can there be two leaseholders?

Yes. It’s possible to sign a lease agreement with more than one tenant. In this case, the legal term is “co-tenants.” Please note that the situation of co-tenants is different from the situation of a tenant and their occupants.

Who is responsible for the rent on an individual lease?

If you sign an individual lease, you are responsible for your own monthly rent and the regular upkeep of your part of the apartment. That includes your room, the bathroom, and the shared common area. Each roommate will sign their own individual lease and be held accountable for their portion of the apartment and rent.

How much does it cost to rent an apartment in Maine?

There are plenty of apartments sprinkled throughout Portland, but they don’t come cheap; the average price for apartment rentals is $900. With a population of just 18,500, the capital city of Maine has a close-knit community and plenty of advantages to offer newcomers looking for apartment rentals.

What is an individual lease in Tallahassee Florida?

That includes your room, the bathroom, and the shared common area. Each roommate will sign their own individual lease and be held accountable for their portion of the apartment and rent. An individual lease is the most common lease type in Tallahassee’s student apartments near FSU, FAMU, and TCC.

Which is better individual lease or joint lease?

If a roommate moves out, you aren’t responsible for any damage they may have caused to the apartment You pay a little bit more than you would with a joint lease. The reason for this is simple. While there’s less risk for you involved in an individual lease, there’s more risk involved for the apartment community.

There are plenty of apartments sprinkled throughout Portland, but they don’t come cheap; the average price for apartment rentals is $900. With a population of just 18,500, the capital city of Maine has a close-knit community and plenty of advantages to offer newcomers looking for apartment rentals.

Do you have to pay for the whole lease?

Since you signed a lease agreement with no escape clause, you may have to pay for your apartment rental for the entire lease, at least on paper. You’ll have to sit down with your landlord and talk this one out.

Which is the best way to get out of a lease?

Rent-Responsible Clause – A rent-responsible agreement means that you are responsible for the rent until someone replaces you as a tenant. Of the multiple options, this is the better one since you have the ability to line up the next resident if you begin early enough so the chances of not facing a payment penalty are lower.

How many condos can you rent on Rent.com?

Rent.com features tens of thousands of rentals – with more added daily! Detailed listings of condo rentals include amenities, photos, floor plans, contact information, and more!