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Trulia, Other/Just Looking in San Francisco, CA

What are some tips for renters before signing a lease?

Asked by Trulia, San Francisco, CA Tue Mar 6, 2012

What are some things to be aware of? What are some tips when negotiating a lease?

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Answers

4
Richard Tressler’s answer
Is the home owned by the person with whom you are dealing?
Or Is the home managed by a licensed agent?
Is the home in foreclosure?
Can you live with the terms of the lease?
Do you understand what is expected of you and the landlord in the lease?
Are you comfortable with the neighborhood?
Are you capable of making the payments timely and still have sufficient reserves for emergencies?
(recommend to tenants that their income be at least 3.5 times their monthly rent to handle situations)
1 vote Thank Flag Link Wed May 23, 2012
First of all, read the lease thoroughly and ensure that you fully understand all of your rights and obligations under the lease. If you have questions or concerns about anything discuss it and get clarification and promises in writing. Typically a contract is not legally binding unless it is in writing and duly signed by all of the participating parties. CAUTION: before handing over your funds you should verify that the person who is holding himself or herself out as the landlord or property manager is authorized to do do, and exercise due diligence to verify that the rental property is not in foreclusure because your long term rental ageement could
could quickly become a short term tenancy. Good luck. Sylvia@sylviapaulrocks.com
P.S. If you find this post useful please indicate by giving a 'thumbs up'?
4 votes Thank Flag Link Tue Mar 6, 2012
Make sure you are renting though someone whom is licensed and honest; the actual owner or property manager; that your security deposit is in a escrow account and that the house isn't in forclosure.

Good Luck
Julie
(407) 709-9969
1 vote Thank Flag Link Tue Mar 6, 2012
Ask for a copy of all the lease paperwork to read through at your leisure before signing. That way you know what the expectations are for that particular rental. Talk to some of the neighbors or ask for referrals about the landlord or property management if they own more than one unit.
Hope that helps.
Mike
1 vote Thank Flag Link Tue Mar 6, 2012
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