Tenants, Landlords, and Leases

WHAT IT MEANS TO BE ON YOUR OWN: Lesson 2

Freedom Also Means Responsibility

  • When you live away from home ….
    • You “borrow” someone else’s property and it becomes temporarily yours.
    • You must take care of it, let the landlord know when things must be fixed, and fix things you damage.
      • You probably had to pay a “security deposit.” The cost of damage you cause can be taken out of that money.
      • If the security deposit doesn’t cover the cost of your damage, you can be sued in court for the rest!
    • You must pay your rent, or you can be evicted (kicked out!).
    • You must let the landlord know when you will be moving out so plans can be made to get another tenant to live in the space. Renting property is a business.
  • When you go to college and rent an apartment with other students …
    • You “borrow” someone else’s property AND have to count on your roommates for their share of upkeep and rent money – or you might be stuck with it on your own.
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