Planning Beginner: Renting an Apartment

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1.
It is possible to negotiate the rent on an apartment.
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True. Though not all landlords do, some are open to negotiating if it will help them rent a unit.
2.
A tenant in an apartment unit can protect her valuable belongings by buying _______.
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Renters insurance. Renters insurance is a reasonably priced way to insure your belongings.
3.
Why does having a cosigner on an apartment lease make a landlord more willing to rent to you than if you didnt?
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The cosigner is liable for the rent if you default on it. The cosigner is like an insurance policy on the rent.
4.
If you have bad credit and you want to rent an apartment, _______.
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You may be refused. Many landlords will turn down renters with bad credit even if the rest of their finances and rental history are good.
5.
Renters must pay condominium fees.
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False. Owners of condominium units must pay those fees, though they may factor them into any rent they charge to renters.