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Discussing Lease Terms & Rent

The conversation focuses on the length of the lease, the monthly rent amount, payment due dates, and any potential rent increases.

Dialogue

Listen and follow along with the conversation

1
Sarah (Female)
Thanks for showing me the apartment, Michael. It looks great! Can we talk a bit about the lease terms?
2
Michael (Male)
Certainly, Sarah. What would you like to know? Typically, I offer a standard one-year lease.
3
Sarah (Female)
A one-year lease sounds reasonable. What about the monthly rent amount and when is it due?
4
Michael (Male)
The monthly rent is $1,800. It's due on the first of each month. I prefer direct deposit, but we can discuss other options if needed.
5
Sarah (Female)
Okay, that works for me. Are there any potential rent increases I should be aware of, perhaps after the first year?
6
Michael (Male)
Any rent increase would typically be limited to 3-5% upon lease renewal, depending on the market. It's not something I do every year, only if necessary.
7
Sarah (Female)
That's good to know. And what about utilities? Are any included in the rent?
8
Michael (Male)
Only water and trash collection are included. Electricity and internet would be your responsibility. I can give you an estimate of typical monthly costs for those.
9
Sarah (Female)
That would be helpful, thank you. I think that covers all my questions about the lease and rent for now.
10
Michael (Male)
Great. I'll send over a draft lease agreement for your review later today. Feel free to reach out if you have any further questions.

Vocabulary

Essential words and phrases from the dialogue

lease

A written agreement that allows someone to rent a property for a specific time, like an apartment for one year. Use it when discussing rental contracts.

terms

The conditions or rules in an agreement, such as payment dates or duration. In rentals, it refers to lease details.

due

The date when a payment must be made. For example, rent is due on the first of the month, meaning it needs to be paid by then.

direct deposit

A way to transfer money electronically from one bank account to another, often used for rent to make payments quick and secure.

rent increase

When the amount of rent money goes up, usually at the end of a lease period. It's common in rentals and limited by law in some places.

renewal

The process of extending or signing a new lease for the same property after the original one ends. Ask about this to plan long-term stays.

utilities

Basic services like electricity, water, and internet that cost extra money. In rentals, check if they're included in the rent or paid separately.

draft

A first version of a document, like a lease agreement, that can be changed before finalizing. Landlords often send drafts for review.

Key Sentences

Important phrases to remember and practice

Can we talk a bit about the lease terms?

This is a polite way to start discussing contract details. Use it in interviews or meetings to ask about rules without being too direct. The phrase 'a bit' softens the request.

What would you like to know?

An open-ended question to invite more details from the other person. Useful in customer service or negotiations; it shows you're helpful and encourages questions.

A one-year lease sounds reasonable.

This expresses agreement politely. 'Sounds reasonable' means it seems fair or acceptable. Use it to show approval while keeping the conversation positive.

The monthly rent is $1,800. It's due on the first of each month.

This states facts clearly about payment. 'Due on' specifies the deadline. Combine simple sentences like this for clear communication in business talks; note 'each' for repetition.

Are there any potential rent increases I should be aware of?

This asks about future changes proactively. 'Potential' means possible; 'be aware of' means to know about. Useful for planning; it's a conditional question structure.

Any rent increase would typically be limited to 3-5% upon lease renewal.

This explains a condition with 'would' for hypothetical situations and 'typically' for usually. Use in responses to reassure; 'upon' means at the time of renewal.

That's good to know.

A simple way to acknowledge information positively. It's casual and shows appreciation. Use it in conversations to keep things friendly without needing more details.

I'll send over a draft lease agreement for your review later today.

This promises an action politely. 'Send over' is informal for delivering; 'for your review' invites feedback. Useful for closing discussions; future tense 'I'll' shows commitment.