What’s the rent?

What’s the rent?

What’s the rent?

It’s very important to know how much you’ll have to pay on a monthly basis. You should also find out when the rent is due — will it be the first of the month? — how long the grace period is if you’re late, and when rent increases can occur. 

Typically, your rent cannot go up for the duration of the lease term, but if you have a short-term lease, the landlord can increase the rent on a periodic basis if your lease allows it.