individual student lease

What Does an Individual Lease Mean for Student Living?

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College students living on or off-campus often tend to sign individual leases, especially when there are multiple tenants involved.  Each tenant pays a separate rent to the leasing office.  In most cases, an individual has a private room and private bedroom.  Although, the common ares shared are:   kitchen and living room space.[distance1]

Advantage of Individual Leases[distance1]

You just pay for your share only. So, if anyone wants to break their lease or move out all of a sudden, you don’t have to worry about it.  This person will need to deal with the leasing office and you won’t be responsible for finding another roommate.[distance1]

Will You Be Penalized?  [distance1]

Nope, not at all.  If a tenant that’s moving out trashes his room or bathroom, it’s not your responsibility.  However, if the common areas, such as a kitchen or living room are damaged, then all the roommates are responsible. [distance1]

Disadvantages of Individual Leases  [distance1]

New roommate? [distance1] You may have been used to the roommate that just moved out and perhaps even made great friends.  However, the leasing office will eventually find a replacement and bring in a new tenant that you’ll have difficulties getting along.  [distance1]

Fortunately for you, your leasing office will probably offer you a roommate-matching service and ask the type of rommmate you’d like to see living with you. For example, male or female, hobbies, studying, partying type or smoking vs. non-smoking.  [distance1]