Pre-Assessment Renting a Residence Vocabulary Ms. Field.

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Presentation transcript:

Pre-Assessment

Renting a Residence Vocabulary Ms. Field

People Landlord: the owner of the property that is to be leased or rented to another person. When signing the lease, the landlord is also called the lessor Tenant: one who takes possession of an apartment or other rental until with the intent of living there; one who rents property. When signing a lease, the tenant is also called the lessee.

Things Sublet: to allow someone else to occupy your apartment and pay rent while you are bound by the terms of your lease Lease: a written agreement (contract) by which one party rents property to another at a certain price for a specified period of time Security deposit: a refundable amount of money paid in advance of renting to protect the owner against damage or nonpayment

More Things... Eviction: to remove a tenant from a property by legal process Addendum: an item of additional material added to the end of a lease Furnished: when a residence contains basic furniture, i.e. bed, dresser, couch, chairs, kitchen table

Post-Assessment