The current real estate crisis can be an advantage when negotiating monthly
rentals and lease options but it is still advisable to consult the experts in
your research as this represents an important sum in your monthly expenses.
Rates vary depending on location and range from $700-$900 for a one bedroom
apartment in Miami, $1200 - $2500 for a two bedroom apartment in Aventura, and
$1500 - $4500 for a two bedroom house. Real-estate commissions range from 5
-10% and are the responsibility of the owner.
You have the option of leasing on a month to month basis,
requiring a notice of 30 days in writing when you leave or
a yearly lease which requires a 60 day notice in writing and you may
be obliged to pay rent until the end of the lease, all within the law. In most
cases lanloards are willing to weaver your paying the balance or loosing your
deposit if they find a renter to occupy the residence.
Be sure to do a "walk through" in the presence of the landlord and
real estate agent and sign a formal document agreeing on the state of the residence
to ensure that your deposit will be returned at the end of your commitment.
Landloards are required to paint and provide all electrical household appliances
and the renter is required to pay the first and last month's rent and a one
month deposit in advance.
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