3 Things to Know Before Cosigning a Rental Lease

Two men reviewing a rental lease on a table with a lawyer on the other side. One of these men is presumed to be a cosigner.The pandemic has placed many in a steep financial hole, and it’s been difficult to make ends meet. As such, for those seeking a new apartment, a landlord may ask for a designated cosigner before they consider renting out their space to a prospective tenant. While no one truly wants a cosigner on their lease, sometimes that’s the only option. Though for a cosigner, there is a lot at stake, and it’s important to be well informed before committing to cosigning a rental lease. [Read more…]

How Does Subletting Your Apartment Affect Your Insurance?

A close-up of a renter handing the keys over to a person subletting the apartment.If you’re a renter and are planning a long leave of absence from your apartment or are intending to leave it entirely before the end of your lease, you might be thinking of subletting your rental space. While this seems a great way to cover your rent and avoid breaking your lease, the insurance implications can become quite complicated. That’s why we’re here to explain how subletting your apartment affects your insurance and how to maintain the appropriate coverage. [Read more…]

What To Know Before Signing a Rental Lease

A person holding a pen about to sign a rental lease with a pair of key atop the agreement papers.With the price of housing at an all-time high, more people are becoming and staying renters. If you’re one of those people and you’ve found the perfect apartment for your lifestyle, it can be tempting to rush the agreement process and settle into your new home. However, it’s important you take some time to assess the situation and ask the landlord the right questions before moving in. Being informed protects you from any unwanted surprises down the road or from agreeing to an unfavorable contract. To help you out, we’re here to discuss what to know before signing a rental lease. [Read more…]