Once you have located your "dream apartment", or as close to your perfect apartment as possible, now it is necessary to pay extremely close attention to the particulars of the rental agreement. An Apartment Lease is a contract between you and the landlord. Once agreed upon and signed by the tenant and the landlord, the rental lease creates obligations and restrictions for both parties. The most obvious covenants of the apartment lease are the length of the rental, (Six month lease, one year lease, two year lease, etc.) The amount of the security deposit, when the rent is due, who is responsible for what utilities. Also in that apartment lease, however, are stipulations, (sometimes in small print) that can cover a great variety of landlord and tenant obligations and restrictions.
As a potential investor for such apartment home, you may want to know of the extra facilities that your future home boasts of. Is there swimming pool in the complex? Some expect to see hot tubs and saunas on the site. Others prefer that there will be fitness center in the apartment building, which they can join.
You can see through the apartment showcase if the management has invested money for the unit owners. Is there available cardio equipment, free weights, exercise balls and other machines for the number of renters? You may even prefer the free community type where there is WiFi area, phone and fax capabilities and business center too.