apartments.md (748B)
1 # Apartments 2 3 Apartment = EconomicResource 4 5 ## Landlord: 6 * Rights: 7 * Rent out apartments 8 * Select tenants 9 * Collect rents 10 * Responsibilities: 11 * Maintain building 12 * Provide utilities 13 14 ## Tenant: 15 * Rights: 16 * Live in apartment 17 * Responsibilities: 18 * Pay rent 19 * Maintain condition of apartment 20 * Don't violate other tenants rights 21 22 Tenants rights and responsibilities are usually detailed in a Lease document, which usually has a duration (e.g. one year) signed by both landlord and tenant. 23 Tenant may need to pay deposit (often one month's rent), which the landlord is responsible for returning when tenant leaves apartment in good condition at end of lease. 24 25 Tenant may or may not have right to sublet.