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What to Expect When Signing a Lease

A lease is a contract by which one conveys real estate, equipment, or facilities for a specified term and for a specified rent. It is a legally binding document. Do not enter into one unless you are comfortable with all terms and conditions.

Although not all landlords have the same policies, typically renting requirements in the Pittsburgh area are somewhat consistent.

Everyone on the lease may be asked to fill out an application which typically has a cost associated with it. The landlord may also check your credit report.

Many landlords require student tenants to have a co-signer, often a parent/guardian.

Have all tenants and co-signers sign the lease and submit it at one time.

Once all documents have been signed, make sure each roommate has a copy of the lease. Be sure to keep a copy of the lease on the premises.

Save your copy of the lease. You may wish to provide a copy to your parents/guardians as well.