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Rental Terms |
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Application |
a form or document used for a specific purpose such as a lease or a job The landlord told him that his rental application had to be approved before he could sign the lease. |
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Condominium |
a type of housing where the purchaser owns a unit and shares common areas They decided to purchase a condominium because it gave them use of a clubhouse with a gym and pool. |
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Duplex |
a type of housing where two units share a common wall or an apartment on two levels connected by a staircase The young couple wanted to live in a duplex with their in-laws. |
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Fair Housing Act |
a set of laws that prohibit discrimination in the sale or rental of homes The landlord did not want to rent the apartment to the interracial couple, but could not discriminate because of the Fair Housing Act. |
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Furnished |
provided with necessary items such as furniture or appliances Since he was relocating to another country he chose to rent a furnished apartment. |
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Landlord |
a property owner who rents buildings or land The landlord collected the rent on the first day of the month. |
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Lease |
a contractual agreement to occupy property for a time period in exchange for rent She signed a lease for two years that began in September. |
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Rent |
payment made by a tenant for the use of a building such as an apartment She had to find another place to live because she couldn't afford the rent increase. |
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Security Deposit |
money paid by a tenant in advance that is kept by a landlord for protection against damages to the property The tenants did not get their security deposit back because they damaged the carpeting. |
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Sublet |
to rent leased property to another person, also known as sublease or subcontract They sublet their apartment in July and August when they went on vacation. |
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Tenant |
a person who pays rent and occupies a building The tenant was evicted for failure to pay rent. |
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Townhouse |
a two or three story home that shares a common sidewall and is often found in cities The townhouse they lived in was in a beautiful neighborhood near the park. |
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Utilities |
services such as water, electricity, gas, heat, etc. The rent for the apartment included all utilities except |
