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Moving into one of the different apartments in Houston for rent can come at all times of life. You might be a young graduate getting your first place or a business person tired of the long commute. A studio dwelling may even be rented as a result of your marriage falling apart. No matter what the reason, there are a number of different leasing options that should be explored based on the length of stay, budget, and other factors. Periodic Rentals Periodic leases are great if you only need temporary living quarters, either because of a traveling job or you're waiting for a new home to be built. The most common type of periodic rental is done on a month-to-month basis. At any given time, either the renter or the landlord has the option to opt out of the lease, but it's usually good business practice on both sides to give at least a two week notice. If the terms are fine, the lease automatically renews each month until one side backs out. Fixed-Term Lease A fixed-term agreement for apartments in Houston for rent provides a little more stability for the renter and supervisor. The terms of the rental can be 6 months to a year or more and the renter is locked in at a fixed price. In turn the landlord can count on a steady income from that tenant for the period of the lease (as long as you pay the rent.) Hold-Over Lease A combination of the fixed-term lease and a periodic rental is the hold-over lease. It starts with a tenant renting an apartment for a fixed term, but for some reason they need to stay in the place for longer than expected in which they enter into month-to-month terms. As long as the tenant has been on time with rent payments and hasn't damaged the property, landlords will often allow them to stay as long as they want. Sublease Sometimes emergencies arise and you can't fulfill the fixed-term lease terms. In this instance the landlord will sometimes grant a sublease, which allows the original tenant to rent out their apartment to another person. A sublease works great for students who are only in the area part of the year as well as those who partake in seasonal work. It's important that you know your options when exploring apartments in Houston for rent, and sometimes all you have to do is ask the landlord for terms that best fit your situation.
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