For many young apartment seekers, signing a first lease is a milestone that comes with some daunting challenges. Scot Haislip, counsel to the National Apartment Association, advises prospective residents to ask about any policies relating to living with roommates. When move-in day comes, Haislip says a good rule of thumb is to first scan the unit for any damage, such as nicked appliances or scratched floors. Take photos, Haislip recommends, then have the owner/manager put in writing that the damage existed before occupancy so that there will be no surprise charge later on.
Read more of today's Industry Insider.