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Renting a Residence Vocabulary
Ms. Field
People Landlord: the owner of the property that is to
be leased or rented to another person. When signing the lease, the landlord is also called the lessor
Tenant: one who takes possession of an apartment or other rental until with the intent of living there; one who rents property. When signing a lease, the tenant is also called the lessee.
Things Sublet: to allow someone else to occupy your
apartment and pay rent while you are bound by the terms of your lease
Lease: a written agreement (contract) by which one party rents property to another at a certain price for a specified period of time
Security deposit: a refundable amount of money paid in advance of renting to protect the owner against damage or nonpayment
More Things...Eviction: to remove a tenant from a property by
legal process
Addendum: an item of additional material added to the end of a lease
Furnished: when a residence contains basic furniture, i.e. bed, dresser, couch, chairs, kitchen table
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