BETA
Chapter 1
Decoding the lease
Chapter 2
Mastering the move-in budget
Chapter 3
The art of shared spaces
Chapter 4
Maintaining your sanctuary
YOUR GOAL
Master of Surviving your first apartment
Ch 1 · Decoding the lease
sloane First Apartment Lease
Got that lease in your hand? Read it close, understand! Oh-oh!
sloane Landlords use credit scores and background checks to evaluate prospective tenants before signing.
sloane Landlords worldwide require security deposits to cover damages, but local customs vary wildly.
Fun Fact
Rental safety: In Sweden, tenant security deposits are often held in neutral escrow accounts, preventing landlords from unfairly keeping the cash when you move out.
Glossary
lease (noun)
A contract by which one party conveys land, property, or services to another for a specified time in return for payment. These agreements typically last twelve months, legally binding first-time renters to monthly payments and property rules.
A contract by which one party conveys land, property, or services to another for a specified time in return for payment. These agreements typically last twelve months, legally binding first-time renters to monthly payments and property rules.
Quiz
Which US federal act passed in 1968 protects renters from housing discrimination based on race or religion?
Quiz
Which party is legally responsible for maintaining structural repairs in a standard residential lease?
Quiz
What type of rental agreement is legally binding but not written down, usually valid for under a year in many US states?
Quiz
What is the typical income-to-rent ratio that US landlords require from prospective tenants?
Quiz
Under the UK Tenant Fees Act of 2019, security deposits are legally capped at how many weeks of rent?