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Saturday, 1 June 2013

Four Things You Need To Double-Check On Any New Lease

By Cornelius Nunev


Regardless how you do it, moving can be expensive. There are several expenses that a lot of people do not even understand they could have to pay when they move.

How much will it cost to heat?

You need to always check with your brand new landlord about the heating and cooling costs of the new space. Some houses and apartments are heated using oil, natural gasoline, or hot-water heating that is not directly tied to the electricity system. Make sure the lease clearly spells out who is responsible for paying the expenses associated with heating and/or cooling the home. If you are not careful, you may find yourself stuck with a $600 bill to refill the heating oil tank in the middle of winter.

Do you get a parking spot?

Parking is one cost that individuals do not expect to have to pay. Some homes being rented have a driveway to park and some apartment complexes will assign one spot per person. Unfortunately, this is not the case everywhere. You may not have parking without extra costs if you are in a city with few parking options. Check the area and find out what your parking costs might be.

Spots for stuff

A lot of times, you have to downsize when moving to a brand new place because you are sharing it or it is smaller. If this is the case, you could have to sell and give away a lot of the stuff. If you want to keep it, you are able to get storage at most places, but it is an additional cost. You could need to store stuff while in the moving process. Consider that you could need storage and budget for it in the future.

Garbage bills

You might be responsible for city or state charges for trash and recycling if it is not already covered whenever you are renting. Most apartments contain these bills, but a ton of houses will not. Make sure you check your lease to see what you are responsible for, and make sure you pay for the city service if you need to. Sometimes you are able to make arrangements with other tenants in case you are in an apartment complex to get your trash taken together.




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