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Does this look right.

Posted by John on November 13, 2001 at 13:46:54:

I have just signed a lease for an apartment and would like to know if the following (on the rider) looks ok and an explanation if possible:

Last registered rent and date: 511.08

vacancy allowance: 91.99 (18%)

guidelines supplementary adjustment: 64.40

Rent adjustments:
New equipment,service,improvement: 531.64
(new kitchen 8000)
(appliences 665.74)
(bathroom 10000)
(electric 2600)

Total rent/mth = 1199.16

This is for a 1 year lease, the est/prices for the work done is way over priced but I suppose there is nothing I can do about that.

Any comments will help.



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