When two or more people simultaneously sign the same rental agreement or lease, they are cotenants and share the same legal rights and responsibilities. However, there's a special twist. One cotenant's negative behavior -- not paying the rent, for example -- can affect everyone's tenancy. And if a friend moves in without permission, it can spell trouble with the landlord. Here's a summary of the legal rules affecting roommates.
Looking for a new apartment? Especially if you live in a college town or other popular area where good rentals are hard to find, you’ll want to do more than check Craigslist. To get the word out, prepare a brief description of exactly what you want, in terms of location, price range, number of bedrooms
Owning a home is supposed to provide stability, but a major disaster such as an earthquake, fire, or flood can send many homeowners in search of temporary living quarters. As families who may not have been renters for many years suddenly find themselves in the market for an apartment, condo, or other rental property, here's what they need to keep in mind.
Trying to decide between renting an apartment that’s managed by a property management firm and one where you’ll be dealing directly with the individual owner? Wondering whether one is better than the other? Here’s some useful advice on choosing a landlord. What Tenants Look for in a Landlord What
Knowing what questions landlords are legally allowed to ask and preparing for them will give you confidence as you head into your rental search. But your success will also depend on some “street smarts,” not just legal know-how. Here are some proven strategies that will make your efforts more efficient
If you want to add a roommate, most landlords will insist that the new roommate become a cotenant rather than a subtenant. Why? Unlike subtenants, cotenants are subject to joint and several liability, which allows the landlord to demand the entire rent from the cotenant as well as you. If it’s up to