Apartments in Gainesville with Individual Leases
Individual leases are popular in college towns and Gainesville is no exception. There's a huge benefit in only being responsible for your portion of the rent. If any of your roommates fails to pay his or her portion, you will not be held liable. Here are the communities around Gainesville that offer the flexibility of individual leases.
One of the biggest decisions and items you will have to review in your apartment home search is the lease. This is the legally binding contract that lays out the rules and criteria agreed upon between the landlord or property owner and you, the tenant. During your apartment search, you'll have the opportunity to search property on swamprentals.com by individual leases. Unlike a more traditional joint lease, an individual lease (or "by the bedroom lease") allows each roommate in the apartment to sign a separate lease in which they are responsible for the rent for their portion of the apartment (bedroom, bathroom, and their upkeep of common areas). Often, residents who are looking for apartments in Gainesville with individual leases are University of Florida or Santa Fe College students, or young professionals who are looking for company at home and to share the financial load of housing.
Gainesville Apartment Individual Leases: Things to Consider
While a huge part of your apartment home search will always involve careful consideration of amenities, location, rent cost, and other details, it's worth paying attention to the types of leases offered, especially if you'll be living with roommates. It's worth considering apartments that offer individual leases especially if roommates are involved. While we always want to hope for, and think the, best of people, communities that offer individual leases are really offering residents financial protection in case other residents in the apartment can't pay their portion of the rent. Perhaps a fellow roommate is financially irresponsible, or loses a job, or otherwise falls on tough times; having an individual lease protects you. An individual lease may also offer you some flexibility. While all lease agreements are different, if you did not want to live in your apartment as long as your roommates, you might be able to sign for a shorter agreement with an individual lease. Likewise, you may be permitted to sublease your individual lease (if your apartment community allows) without having to worry about roommates. Overall, individual leases provide protection and flexibility in roommate situations.
Frequently Asked Questions
What is an individual lease?
An individual lease is exactly what it sounds like! It allows you to individually lease one bedroom in a student apartment. Whether you are looking to live in a 2-, 3-, or even 5-bedroom apartment, you will only be responsible for your portion of rent in the apartment. Another perk is that these communities will usually include utilities in your monthly rent.
Will I have roommates in my individually leased apartment?
If you choose to lease an apartment with more than one bedroom, you will have roommates who lease the other bedrooms in your apartment. The spaces that are considered common areas will be shared with your roommates. You may already have a group of friends that they plan to live with. If this is the case, be sure to let the community know when you sign your lease so they can place you and your friends in the same apartment.
How can I maintain privacy with an individual lease?
Although you share common areas, (think kitchen, living room, and laundry room) with your roommates, your bedroom is your personal space that will have an individual lock and key to ensure privacy. Most floor plans have the option of private ensuite bathrooms. Other floor plans may include a bathroom that is shred with one other roommate. If having a private bathroom is important to you, be sure to choose a floor plan with this option.