Moving into a Rental Property: What to Expect

What items might new tenants receive when moving into a rental property?

1.) At least two keys
2.) An inventory checklist for the tenant to record the condition of the unit
3.) A map of the apartment complex
4.) A tenant handbook
Final answer:

Answer:

Upon moving into a rental property, new tenants may receive keys and other items, such as an inventory checklist, a map of the apartment complex, and a tenant handbook. Lease agreements can typically be terminated with 30-day written notice, and belongings, keys, and other property must be returned to the landlord. Price ceilings can lead to landlords reducing maintenance and essentials, leading to lower quality housing due to the principle of opportunity cost in economics.

Explanation:

The question appears to pertain to items that a new tenant might receive from the landlord when moving into a rental property such as: 1.) At least two keys 2.) An inventory checklist for the tenant to record the condition of the unit 3.) A map of the apartment complex 4.) A tenant handbook. After the leasing period, the agreement may be terminated by either landlord or tenant with a 30-day written notice, and the resident is responsible for clearing the premises of their belongings and returning all keys and other property to the owner.

Alternatively, when renters are subject to price ceilings, it can result in the landlords converting apartments into co-ops and condos, reducing maintenance and essentials like heating, cooling and hot water, leading to lower quality housing. This is because everything has an opportunity cost in economics.