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1. Advantages ◦ Closeness to classes and campus activities ◦ Easier access to campus resources such as the library, health center, etc. ◦ Want to be a.

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Presentation on theme: "1. Advantages ◦ Closeness to classes and campus activities ◦ Easier access to campus resources such as the library, health center, etc. ◦ Want to be a."— Presentation transcript:

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2 1. Advantages ◦ Closeness to classes and campus activities ◦ Easier access to campus resources such as the library, health center, etc. ◦ Want to be a part of campus life  OPTIONS ◦ Dorms, sorority/fraternity houses, housing cooperatives, or married student housing.

3 2. On campus buildings with many students that are rented out to students. ◦ Rooms are usually furnished with beds, dressers, and study tables. ◦ Some have own bathrooms, and some require that units share a bathroom ◦ Maybe a roommate or private room (for extra charge) ◦ Most have centrally located lounges, shared kitchens, laundry areas

4  Sorority: social organization of female students who share a residence.  Fraternity: similar but for males.  To become a member, you must pledge. Usually look for people of similar interests: community service, GPA, etc.  Cost is usually a little higher.

5  Also known as co-ops  Similar to a dorm room but with added responsibilities  Keep your room clean, share in cooking, cleaning and maintaining the building.  Monthly cost is less because you help provide services for yourself and the group.

6  Exist at most large campuses  Apartment style housing for married couples only.  Amenities for families.

7  Studio Apartments ◦ Studio (efficiency): ◦ Has one large room that serves as the kitchen, living room, and bedroom. ◦ Less living space but less expensive.  Townhouse ◦ Has two or more levels  May include laundry room, storage area, swimming pool, tennis courts, clubhouse  Provided independence, flexibility but also requires more responsibility and good judgment.

8  Duplexes ◦ Two separate living units. ◦ Usually the same with separate entrances. ◦ Usually more space and more privacy than apartments.  Multiplexes ◦ Building or group of buildings, such as a four- plexes.

9  Condominiums ◦ Individually owned unit in an apartment-style complex ◦ Shared ownership ◦ Same responsibilities for upkeep as the owner ◦ Some condo owners rent

10  Houses ◦ Rental Houses ◦ Usually more expensive than apartment ◦ Pay for neighborhood living ◦ Often pay for garage space, more living area and privacy ◦ More responsibilities, such as maintaining the lawn and garden area.

11  Questions you and potential roommate should answer BEFORE moving in together… 1. Do you smoke or drink? 2. Do you like living in a clean area? 3. Do you have steady employment or sources of income? 4. What are some of your goals? 5. What are your leisure activities? 6. What type of transportation do you have?

12  Mostly dependent on your finances. Consider the following: 1. Deposits and fees 2. Length of time you plan living there 3. Distance from work or school 4. Distance from services 5. Repairs and maintenance Most financial experts advise that you spend 25-35% of your total budget for housing.

13  Furnished or Unfurnished? ◦ Basic household items  Towels, wash cloths, sheets, and cleaning cloths  Cleaning supplies (mops, brooms, buckets, etc.)  Personal Items (shampoo, cosmetics, soap, etc.)  Clothing, shoes, and other apparel  Dishes, silverware, pots, and pans  Lamps, clothes hangars, clocks, radio, television, décor  Rugs, drapes, shower curtains, mirrors?

14  SET ASIDE SAVINGS: need security deposit, first and last month’s rent, fees, initial expenses.  INCOME: Reliable source of income.  SUPPLIES: Gather what you need to live independently (i.e. pillows, small appliances, dishes, towels, sheets)  THINK AHEAD: Think about your career goals.  MAKE RESERVATIONS: Need to transport furnishings

15  RENTING: The process of using another person’s property for a fee.  LANDLORD: The owner of a rental property.  TENANT: The person who rents a property.

16 1. Mobility: Ease of speed with which they can move. 2. Convenience: Rental properties often have laundry and recreational facilities. Often located near major shopping areas, downtown, and business centers. 3. Minimum Responsibilities: Not responsible for repairs and maintenance of grounds. 4. Social Life: Opportunities to meet others and socialize informally. 5. Lower Cost: Usually less than cost of buying home. Sharing expenses with roommates lowers cost too.

17 1. Noise: Share common walls. 2. Lack of Privacy: 3. Small Living Space: Typically smaller than most houses. 4. Lack of Storage Space: Little cabinet or storage shape. 5. Scarcity of Parking: Many rental properties do not provide garages or off street parking, especially in city centers.

18 1. Leases and Month-to-Month Agreements Lease: written agreement that allows a tenant to use property for a set period of time. The landlord is called the lessor, or the person responsible for the property. The tenant is called the lessee, or person who will take possession of the property. 2. Rental Agreement A written agreement that allows you to leave anytime as long as you give the required notice.

19 1. A detailed list of current property conditions. 2. Note such things as broken windows, holes in the walls, stained carpeting… 3. Make a copy and landlord and renter sign. 4. (You may also want to take pictures of prior damage.)

20  Housing laws in most states require the landlords provide a dwelling that is habitable (livable) at all times. Exterior is weatherproof and waterproof. Floors, walls, ceilings, stairs, and railings are in good repair. Fire and safety regulations are met. Adequate locks on all outside doors, windows, etc. Provide safe and adequate water supply. Lighting, wiring, heating, air conditioning, and appliances are in good repair. Buildings and grounds are clean and sanitary.

21  Usually stated specifically in the lease or month-month agreement. Read, understand, and abide by terms of rental contract. Pay the rent on or before the due date. Give at least 30 days notice of intent to move. Keep the premises in good, clean condition to prevent unnecessary wear and rear or damage to the unit. Use property for intended use. Allow landlord access to unit to make repairs or improvements. Obey the rules of facilities.


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