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Chapter 21

Chapter 21. Renting a Residence. Housing Alternatives in College. On-Campus Housing Off-Campus Housing Residential Campuses Commuter Campuses Several housing Options. On-Campus Housing. Dormitories Community lounges, kitchen, laundry, bathrooms (?). On-Campus Housing. On-Campus Housing

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Chapter 21

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  1. Chapter 21 Renting a Residence

  2. Housing Alternatives in College • On-Campus Housing • Off-Campus Housing • Residential Campuses • Commuter Campuses • Several housing Options

  3. On-Campus Housing • Dormitories • Community lounges, kitchen, laundry, bathrooms (?)

  4. On-Campus Housing • On-Campus Housing • Social Organization • House 20 or more people • Must meet member requirements • Higher costs • Available on Large Campuses • Similar to a dormitory • Less Cost • More Responsibility (cooking, cleaning, maintenance)

  5. Off-Campus Housing • Apartments - • _____________(efficiency) - one large room that serves as kitchen, living room, and bedroom; least expensive • ____________ – living space with 2 or more levels • _______is based on size, location, facilities, and quality of the apartment.

  6. Off-Campus Housing • Duplexes and Multiplexes • Condominiums • Houses

  7. Living Arrangements • Who to live with? • Where to live? • What to take?

  8. Additional Considerations • Deposits and fees • Security deposit – • Length of time you plan to live there • Distance from work/school • Distance to services • Repairs and maintenance Note:

  9. Furniture • Furnished rental – • Unfurnished rental – • The fewer items offered the lower the rent will be.

  10. Planning Your Move • Security deposit, first and last month’s rent, fees, initial expenses • Reliable job/good credit • Individual necessities (dishes, towels, sheets, clothing) • What does the future hold? Career goals? • U-haul/moving company, friends to help with move

  11. Planning Your Move • Group Financial Decisions • Moving Costs • Installation Charges

  12. Being a Renter • Renting – • Landlord – • Tenant –

  13. The Renting Process • Advantages • Disadvantages

  14. Steps to Becoming a Renter • Fill out a _______ ___________ • Landlord will verify income, previous rental experience, and credit rating • Complete a _____ or ___________ (month-to-month) • Conduct a walk through and complete a ___________________

  15. Rental Contract Vocabulary • Lease – • Rental Agreement– • Lessor– • Lessee–

  16. Rental Contract Vocabulary • Rental Inventory – • Eviction -

  17. Landlord Obligations • Landlords must provide a “livable” dwelling: • Exterior is ____________ and ___________. • Floors, walls, ceilings, stairs, and railings are in good ________. • __________ regulations are met (elevators, hallways, smoke detectors) • Adequate locks • Healthy ________ supply • Electrical appliances meet _______ ______ • Building and grounds are kept clean

  18. Tenant Obligations • Follow the ________ of the rental agreement • Pay rent _____________the due date • __________notice to vacate • Keep premises clean and in good condition • Use the rental unit only for the purpose intended (i.e. not a business) • Allow landlord access for _________ • Obey the rules of the ____________

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