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I am a Tarrytown, NY expert in apartment and home real estate transactions. I know this area like the back of my hand. Please let me know how I can assist you.

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Renting An Apartment - Tenant Charges

Find out what items an apartment tenant or renter will usually pay for when renting an apartment and why using a Real Estate agent can help you avoid unnecessary charges.

The Basics - Tenant charges when renting an apartment:

#1. Paying Rent

The tenant is responsible for the rent. Often, rent is negotiable and may depend on many factors. Supply and demand is usally the most influencing factor.

#2. Paying Utilities

Now it does vary from community to community. Some apartments depending on the size of the complex may include the water in the rental fee, or perhaps a portion of the electricity may be included. This all depends.

#3. Property Upkeep

Atenant should be responsible for the upkeep of the property. For example, in most cases they are responsible for something that has broken. If there is dameage to an applicance and it is the fault of the tenant, then the responsibility for repair will usually be that of the tenants.

#4. Security Deposit

Security deposit amounts can vary. Often these charges to the tenant can be the first and last months rent. This is provided to the owner or their represntative just after a tenant decides to sign a lease.

#5. Real Estate Agent Assistance

A good real estate agent can offer guidance on what is acceptable and what is not. Using a local expert is important and allows renters to better understand what is common for that local area. Real Estate agents and professionals will offer this assistance to renters at no cost to them since they collect a fee from the apartment owner only when the apartment is rented.

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    Even as flood water continue to sit in living rooms and kitchens across a large swath of North Carolina it is clear that most of those homes are not insured against the damage. Mary Williams Walsh, writing in the New York Times, says that in North Carolina and South Carolina, which suffered less widespread damage, only about 335,000 homes in total have flood insurance. The Urban Institute (UI) reports that the number of policies homeowners purchased through the National Flood Insurance Program (NIP) has declined over the last ten years and the total is now just over 5 million nationwide. There are also some private insurance policies, but nowhere near enough to cover the affected homes. Sarah Strochak, Jun Zhu, and Laurie Goodman used data from the Census Bureau's 2017 American Housing Survey...(read more)

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Bonnie Koff  |  Licensed Associate Real Estate Broker  |  William Raveis Legends Realty Group  | Tarrytown Office 
914-332-6300  |  37 Main Street, Tarrytown, New York 10591  |  Email