Living on your own for the first time can be confusing! Here's some help.
Terms you may need to know
A lease is a contract you agree to when renting, It can be verbal or written, which sets the rules for the place you're renting. If a lease is longer than one year then it must be written.
A Security deposit is money you provide for your landlord in case there are damages to the property while you're renting or you fail to pay rent. Your lease will usually include details about the security deposite. If you get your security deposite back after renting your landlord must return it within three days. If you do not get it back they must wrte out why you will not get it back. To avoid misunderstandings and dishonesty it is recommended that you document damage to your apartment/home with pictures before you move in. Your landlord must also account how the deposit will be spent whether its fixing damages or covering for rent. However, if you damage something in the house then you are responsible for fixing it.
Additional Information