Lesson four living on your own presentation slides 04/09.

Slides:



Advertisements
Similar presentations
Teens 2 lesson five living on your own. the cost of moving Teens 2 – Lesson 5 - Slide 5-1a Moving costs can include: Renting a truck $ ___________ Hiring.
Advertisements

Lease-a rental agreement Specifies the amount of rent to be paid and the length of time for which the dwelling may be rented. States the rights and duties.
DECEMBER 7, 2011 HOUSING DECISIONS. AGENDA Review Decision Making Model Vocabulary Marketing strategies that affect our spending Housing alternatives.
Real and Personal Property Objective Compare the legal rights of acquisition, transferal and renting/leasing of real or personal property. RELATIONSHIP.
Tenants’ Union of Tasmania Inc. Lesson Two Beginning a Tenancy.
Independent Living: Renting and Leasing. Importance of Landlord Tenant Law  You’re living on your own now  You must know the rights and responsibilities.
Landlord/Tenant Law Business & Personal Law Gary Nelson April 2001.
Renting Realty Chapter 22.
Renting & the Law CHAPTER 33. Renting & the Law: Chapter 33  The person who rents property is the Tenant or Lessee.  The person who owns property and.
Consumer Mathematics Living on your Own. the costs of moving moving-in costs can include: Rent for first month Rent for last month Cleaning deposit Security.
Renting Real Property CHAPTER THIRTY. Copyright © Houghton Mifflin Company. All rights reserved.30 | 2 Landlord – Tenant Relationship Landlord: the person.
Renting a Residence. Housing Alternatives You will soon have to make a choice about where to live. You may choose to get a job, live at home with your.
Renting vs. Buying Housing. Rental Terminology Landlord Owner of property –Expects rent to be paid on time and for tenant to keep the property in reasonable.
Chapter 11 Rentors/Landlords. Vocabulary Tenant – a party to a lease who pays rent to the landlord in exchange for the possession and use of real property.
Coach Markus.  Tenant: one who pays money to live in a building (renter) Landlord: the owner of the property or building Terms to Know.
Visitors Guide to Housing in Ithaca. What is a lease? A Lease is a legal document. It protects the owners investment and tenants rights. Without a lease.
Renting or Owning??? Principles of Law Mrs. Pollison.
Teens lesson four living on your own. the costs of moving moving-in costs can include: Rent for first month Rent for last month Cleaning deposit Security.
 moving-in costs can include:  ■ Rent for first month  ■ Rent for last month  ■ Security deposit  ■ Utilities deposit  ■ Telephone deposit.
© 2006 Consumer Jungle Landlord Tenant Law. © 2006 Consumer Jungle Importance of Landlord Tenant Law You’re living on your own now You must know the rights.
Lesson 21.1 Housing Decisions
Chapter 9.1: Rental Agreements
Y OU ’ RE O UTTA H ERE ! F INDING THE RIGHT LIVING SPACE FOR YOU.
Landlords vs. Tenants: Who’s Responsible?. After coming home from the hairstylist, Sam excitedly rushed into the bathroom to check out her new look! Suddenly.
© 2015 OnCourse Learning Chapter 13 Leasehold Estates.
Y OU ’ RE O UTTA H ERE ! F INDING THE RIGHT LIVING SPACE FOR YOU.
© 2006 Consumer Jungle Importance of Landlord Tenant Law You’re living on your own now You must know the rights and responsibilities of –The tenant (that’s.
Chapter 21 Renting a Residence.
Finding an Apartment Lesson 4 Renting An Apartment Video.
Chapter 16. Georgia Real Estate An Introduction to the Profession Eighth Edition Chapter 16 Real Estate Leases.
Landlord and Tenant Business Law I Mrs. Oddo. What is a Lease? Lease: An agreement in which one party receives temporary possession of another’s real.
Law for Business and Personal Use © South-Western Publishing G O A L S Types of Leases Describe the legal characteristics of a lease Identify the parties.
LIVING ON YOUR OWN. ADVANTAGES/DISADVANTAGES OF STAYING AT HOME AFTER HIGH SCHOOL.
© 2006 Consumer Jungle Landlord Tenant Law. © 2006 Consumer Jungle The Players Tenant: Somebody who rents a house or apartment for a fixed period of time.
Y OU ’ RE O UTTA H ERE ! 4.1 F INDING THE RIGHT LIVING SPACE FOR YOU !
LANDLORD AND TENANT RESPONSIBILITIES. Landlord responsibilities: To have the premises ready when the renter is ready to move in Premises must be habitable.
Chapter 8: Preserving Your Credit Lesson 8-1: Identifying Financial Issues Learning Goals: Discuss living arrangements and financial issues with other.
Chapter 8 Preserving Your Credit. Slide 2 What Are Shared Responsibilities? 8-1 Identifying Financial Issues Shared responsibility is when two or more.
Remember that a lease agreement— whether written or oral—is a contract, enforceable by law.
2.02 Financial and Legal Aspects of Renting. Landlord Owner of the Property Expects the following from tenant: –Rent to be paid on time –Keep the property.
Finding an Apartment. Objectives Students will be able to determine the most you are able to spend on an apartment Students will be able to choose wisely.
Chapter 10 Renting a Home Selecting Rental Housing Tenant Rights and Responsibilities Sharing Housing Feeling at Home.
Rights and Responsibilities Section 4.3. True or False A tenant has to keep the rental unit clean, up to the standard that most people would consider.
Renting & Leasing Unit Two—Budgeting Financial Literacy Standard 4 Mrs. Morrey.
Renting or Owning a Home. Exciting event Learn about the rights of landlords and tenants in various kinds in of tenancies Types of co-ownership and deeds.
Teens lesson four living on your own. the costs of moving moving-in costs can include: Rent for first month Rent for last month Cleaning deposit Security.
© 2006 Consumer Jungle Landlord Tenant Law. © 2006 Consumer Jungle Importance of Landlord Tenant Law You’re living on your own now You must know the rights.
Renting a Place to Live The Rental Agreement. What You Will Learn How to describe some of the common covenants found in a lease How to describe some of.
LAW IN AMERICAN SOCIETY RENTING AN APARTMENT. 1.tenant: person who rents the space 2.landlord: the person who owns the space.
The Rental Agreement Section Understanding Business and Personal Law The Rental Agreement Section 33.1 Renting a Place to Live Section 33.1 The.
Renting vs. Buying Housing
Money Trek Project Module 6: Renting & Buying a House
Lesson 12.2 The Renting Process
Chapter 9.1: Rental Agreements
College lesson two living on your own presentation slides 04/09.
Teens lesson four living on your own.
Securing a Living space
Tenanted Properties.
Teens 2 lesson five living on your own presentation slides 01/08.
Teens LEASES/ON YOUR OWN Living on your own.
Renting your First Apartment
Understand Sales, Consumer, Property and Cyber Laws
Living on your own.
Landlord/Tenant Law The information contained in this presentation is reprinted with permission from the Attorney General Of Washington, Consumer Protection.
Teens lesson four living on your own presentation slides 04/09.
SECURITY DEPOSIT RECEIPT
College lesson two living on your own presentation slides 04/09.
Teens lesson four living on your own presentation slides 04/09.
ROOM RENTAL AGREEMENT.
Teens lesson four living on your own presentation slides 04/09.
Presentation transcript:

lesson four living on your own presentation slides 04/09

Factors for Choosing Apartment Location Safety Parking Type of Space Amenities Pets Utilities Security Leasing Options teens – lesson 4 - slide 4-B

the costs of moving moving-in costs can include: Rent for first month Rent for last month Cleaning deposit Security deposit Utilities deposit Telephone deposit moving costs can include: Renting a truck Hiring movers Packing supplies teens – lesson 4 - slide 4-A

a lease agreement 1. Parties/Premises: This Lease is made this 27th of August, 2008, by and between Alice Chan (herein referred to as “Landlord”) and Tim Baker (herein referred to as “Tenant”). Landlord hereby leases to Tenant certain real property situated in the City of San Francisco, State of California, commonly known as 123 Main Street and described as Two Bedroom Apartment (hereinafter called the “Premises”). 2. Term: The term of this Lease shall be for one year commencing on September 1, 2008, and ending on September 1, Rent: Tenant shall pay to Landlord as rent for the Premises the sum of $ dollars per month, on the first day of each month. Rent shall be payable without notice or demand at the address as the Landlord may designate to Tenant in writing. 4. Utilities: Tenant shall make all arrangements and pay for all gas, heat, light, power, telephone, and other utility services supplied to the Premises and for all connection charges. 5. Hold Harmless: Tenant shall hold Landlord harmless from and against any and all claims arising from Tenant’s use or occupancy of the Premises. Except for Landlord’s willful or grossly negligent conduct, Tenant hereby assumes all risk of damage to property or injury to persons in or about the Premises. teens – lesson 4 - slide 4-D

a lease agreement (continued) teens – lesson 4 - slide 4-D 6. Default: If Tenant shall default and breach any covenant or provision of the Lease, then the Landlord, after giving the proper notice required by law, may re-enter the Premises and remove any property and any and all persons therefrom. 7. Holding Over: If Tenant, with the Landlord’s consent, remains in possession of the Premises after expiration of this Lease, such possession shall be a tenancy from month-to-month at a rental in the amount of the last month’s rent. Tenant must notify Landlord in writing at least thirty days prior to evacuating the Premises. All other provisions remain the same. 8. Waivers: No waiver by Landlord of any provision hereof shall be deemed a waiver of any other provision hereof. Landlord by:Tenant by: Alice ChanTim Bakersignature

rights and responsibilities of a tenant tenant’s rights: Withholding rent if the landlord doesn’t make repairs in a reasonable amount of time. Safe and sanitary premises. No changes in terms and conditions for the length of the lease. tenant’s responsibilities: Paying rent on time. Using the rental for the purpose stated in the lease. Taking reasonable care of the property. Notifying the landlord if any major repairs are needed. Giving notice if leaving at the end of the lease. Giving notice if leaving before lease is up and paying rent for balance of lease if landlord can’t find new tenants. Paying for any damage to the walls, floors, and furniture. Not making alterations that the landlord must fix later. Giving landlord a new set of keys if you change the locks. Paying all of rent if roommates move out and you stay. teens – lesson 4 - slide 4-E

rights and responsibilities of landlords landlord’s rights: Charging extra if rent is late (amount specified in lease agreement). Keeping part or all of the security deposit if you leave before the lease is up (as specified in the lease). Charging rent through the length of the lease even if you aren’t living on the premises. Keeping all or part of security deposit if you damage walls, floors, or fixtures, or if you make alterations that have to be fixed after you move out. Keeping all or part of the cleaning deposit if you don’t leave the premises clean when you move out. landlord’s responsibilities: Making repairs in a reasonable amount of time. Keeping premises safe and sanitary. Entering premises only at agreed-upon time to make repairs (unless there is an emergency), or to show the apartment to potential renters if you are moving out. Paying interest on deposit money. Collecting rent. Maintaining exterior grounds of building. teens – lesson 4 - slide 4-F