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| Prefer to Lease/Rent? Most leases/rentals have similar requirements. Good credit is key. You will find a link to Anne Arundel County's Lease Application below. Please note: Each county has its own requirements for credit processing. Also, there are some instances where a Listing Broker (or Property Management company) will require a different application process altogether. The following is a general outline of the rental process... - You will have your own requirements, such as: Financial: Rent (price range) Terms: 6, 12 or 18 months Location: Convenience to public transportation, to place of employment, orientation to water, etc.; Size: 2 bedrooms, 1 full bath, etc. Amenities: Finished basement, community amenities (pool, recreation center)
Pets: Number of pets, type (breed) and weight must be divulged to the Landlord/Owner - Given this criteria, we will refine your search to yield results to those properties that closest match. - You'll have an interest in a property (or properties); - We will assist with researching the details, either providing you or directing you to sources to obtain information about the commute, community amenities, etc., as well as, determining the property's value to you (reviewing the terms of the lease: tenant's responsibilities, associated costs, etc.); - We will make arrangements to show you property/ies that meets your requirements, and communicate with the corresponding Agent to address questions that you may have (i.e., what are the average utility bills for the property? What is the earliest move in date?) - Once a property is decided upon, we will prepare (or request) a lease application.* Once completed, we will submit it along with the associated processing fees (approx. $30 per individual living in the property over the age of 18; or, sometimes, $50 per family) to the Listing Agent/Broker; - The application will be processed and we will be contacted with an approval (or otherwise). If approved, we will work with you to prepare a Lease Agreement. Upon your approval, we will submit the Lease Agreement along with a copy of the certified funds (earnest monies/security deposit and pet deposit, if applicable) to the Listing Broker; - Depending upon the concessions requested in the Lease Agreement, the Owner/Landlord may counter the Lease (requesting different terms); the Lease will go back and forth until you and the Landlord are in agreement and we have what is known as "a ratified Lease" (a time when both parties are in full agreement as to the terms); - We will determine a date for a walk-through to document the "current conditions" of the property (for liability purposes). If the property requires repairs, etc, we will coordinate with the Listing Agent, on your behalf, to get those items addressed; - The day your Lease starts there will be an exchange of the keys to the property for the remaining certified funds due to the Landlord (first month's rent and/or any pro-rated days, as applicable); - We will also assist in establishing a connection between you and your Landlord for future correspondence (of course, we are always available to assist with anything that we can). *It is in your best interest to inquire as to your financial situation prior to filling out a lease application so that we are looking at properties within your budget. Further, a Landlord will base his/her decision on your ability to meet your obligation (credit worthiness) to rent his/her property for the term of the lease. | |
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