Frequently Asked Questions About Divorce
- "What kinds of decisions will I need to make when renting an apartment?"
Apartment-rental expert Colleen Lambros answers: "First, do you desire and have the ability to rent an apartment on your own, or will you share with a roommate? How much monthly rent can you afford? To qualify for an apartment rental, you must show monthly income approximately three times the monthly rent. Is location important to you? If it is, start your search where you want to live...whether your preference is on the coast, golf course, near good schools or work. Do you have pets? Many communities welcome pets with a one-time pet deposit and a monthly pet premium added to your rent. Consider what amenities are important to you..."
- "What should I expect when renting an apartment from month-to-month?"
Apartment-rental expert Colleen Lambros answers: “Month-to-month leases are also available for an additional monthly premium charge, and require you to give the landlord a 30-day notice of your intent to move. Likewise, the landlord can terminate your lease or change the terms of the lease, provided you are given a 30-day notice..."
- "How do I know if I qualify for an affordable rental housing program?"
Apartment-rental expert Colleen Lambros answers: "Many affordable rental housing programs exist in order to reduce the rents of those who qualify. These programs are contingent on income level and, in many cases, size of household.
- Below Market Rate Programs
Local cities and counties administer Below Market Rate (BMR) Rental Housing Program, a program that provides rentals for very low, low and moderate-income households. BMR rental units are leased at rates below prevailing market rents and rent increases are subject to certain limitations. Availability of apartments in the program is very limited and the prospective resident may often have to put his or her name on a several-year long waiting list..."