If you are looking to rent a home, apartment or townhouse in Florida, you will have to collect some documents, money and follow some steps to rent the property. There is also a procedure to follow when renting a property, which can be complicated but it really is not. Here are some steps you should take once you get the property you want to rent.
- The first thing to do once you find the property to which you want to move is to write an offer to the owner, this offer can be verbal or written, once the rental price has been settled, the owner will prepare a lease agreement which both parties must sign. We recommend using the services of a real estate agent to help you write the offer and guide you with the lease procedure. If you have questions or the landlord is demanding some things that you do not understand, ask for help from a real estate attorney who can offer you some advice. Usually, the transactions are carried out using the help of real estate agents and the offers and leases they use are standards prepared by local Realtors associations in the cities of Miami, Ft. Lauderdale or West Palm Beach.
- Usually, the owner of the property will request, first month, a month of deposit and the last month. The first month is deposited into an escrow account, if you are working with a real estate agent, the agency is responsible for keeping this money. The rest of the money is delivered on the closing day of the transaction. The owner will ask for a cashier check or money order for the rest of the money at the closing date. Now if you are renting a property in a rental community, most likely the deposit they ask, will depend on your credit score, but usually, the amount of money is much lower than what a private owner requires.
- If the property you are renting belongs to a condominium association or a homeowners association, you must apply to these associations, usually, this application has a cost of between $ 100- $ 200 and the money is not refundable. In the application, you will be asked for many details such as the number of persons who are going to live at the property, where they work, place where they are living right now, if they have pets, cars, etc. The association will check your credit and criminal history to verify your status. Condo associations or homeowners can take up to four weeks to respond to the application. At the end of the process, the association must give you a letter of approval or denial, then you can move to the property no sooner. In some cases, the owners or the association or condominium can request an interview to you and the people who are going to live at the property. The idea is that they want to explain the rules and regulations of the condominium, as well as other pertinent details.
- Before moving into the property, you should do an inspection of the property, write all the details, take pictures or make a video.
- Another important detail is the permission to park your vehicle and cards to access the condominium if the property is a gated community, you will need decals or remote controls to open the gate. If you do not have permission for your vehicle (usually a decal), you run the risk of being towed. If the condo has a clubhouse or pool, check with the owner of the property how you can enjoy these facilities.
We hope these recommendations or list have been useful. Remember that if you need to buy, rent or sell your residential or commercial property we are at your disposal, call us at 954 802 2253