Phoenix Apartment Lease

Rent.com's Guide to Apartments for Rent near Phoenix, AZ

Apartment Lease Details

An apartment lease is a contract between the tenant and the landlord. A typical apartment lease includes the following:

Length of the Lease - Most leases are for 12 months. In some instances landlords and tenants can agree on longer leases or shorter lease periods. The lease contract will specify the length of the lease agreed upon by the tenant and the landlord.

Security Deposit - Renting an apartment typically involves paying a security deposit. The apartment lease will specify what the deposit
Payment of Rent - The apartment lease includes information about the amount of rent due every month, when it should be paid and how the rent should be paid (mail, in person, etc.). Typically, apartment lease contracts also include information about late payment penalties.
Utilities - If the landlord is responsible for certain utilities, the apartment lease will describe which utilities are paid by the landlord and which ones are the responsibilities of the tenant.
Lease Renewal Option - Renewal refers to extending the lease for another term. Some leases renew on a month-to-month bases after the initial lease period ends.
Building/Apartment Rules and Regulations - This includes regulations about noise, guests, parking, policies about pets, etc. In some cases, tenants can be evicted for breaking the rules specified in an apartment lease.

Leasing an Apartment in Phoenix

After you find a property to rent in Phoenix and are ready to sign a lease, it's important to read the details of the apartment lease. Your lease should tell you about the landlord's responsibilities as well as what's expected of the tenant. Make sure you have a clear understanding of the lease terms before you sign on the dotted line.