What You Need To Know About Off-Campus Rentals

If you are thinking about renting off campus or just leaving Sheridan Residence and don't know where to start, here are a few commonly asked questions you should consider: 

Q: What types of listings are offered on Places4Students?
A: Any listing posted by landlords looking to rent to students.  They vary from a room in a family's home to basement apartments, semis, townhouses, or apartment complexes.   

Q: What will happen if I skip out on my lease?
A: You will probably lose your deposit. If the deposit doesn't cover the loss, a landlord can pursue action in court.

Q: Am I responsible for my roommate?
A: You better believe it! If your roommate signed the lease, then you are responsible for their actions, as well as your own. If they skip out on you and the landlord, you're held accountable for their share of the responsibilities and rental payment.

Q: How much should I pay as the security deposit?
A: Each state/province has its own laws. Usually, a damage or security deposit can never be more than one month's rent. Ask for a written receipt, if you pay a damage deposit. In most cases, a landlord may require last month's rent, but then an additional security deposit should not be requested.

Q: What advice would you give to a first-time renter?

1.     Prior to renting off-campus, students should familiarize themselves with some of the costs and fees which are typically incurred.

2.     Before signing a lease, you should ask your potential landlord questions about fire and tenant safety.

3.     If you have roommates, you should go beyond a verbal agreement and have a signed document prepared that has all the terms and conditions of your living arrangements in writing. 

For more information download this Guide for Off Campus Housing or visit the Places4Students website