Renting In Miami

When renting a apartment in Miami it is like no other place in the US. There is definite steps you will have to take in order to find the right place to rent in Miami. The first step in deciding where in Miami you want to reside for example there is South Beach, Miami Beach, South Pointe, Fisher Island, Venetian Causeway, Brickell, Biscayne Corridor, Design District, Downtown, Coconut Grove, Coral Gables and Upper East Side (Bayside, Morningside and Belle Meade), Sunny Isles, Aventura, Normandy Beach, Golden Beach, so there are a lot to chose from.

Once you have decided what area suits your needs, you have to tell the agent some vital information in order not to waste  each other's  time viewing pointless properties. The first criteria any agent needs to know is your price range. This is important in renting an apartment, condo or house because it narrows down the options. Just as important is the number of bedrooms and bathrooms needed when renting a condo or renting any residential property. One factor in renting in Miami is let the agent know upfront if you have pet(s), because a lot of landlords and building have restriction. This will be a huge waste of time if you finally find a place, then realize that pets are not allowed or yours is too big! If you are planning on renting in Miami for awhile then don't own a lot of pets! It will make finding a place very difficult, wait until buy a home in Miami.

Just remember, the more information you let your agent know about renting a luxury apartment, luxury home or luxury condo in Miami the better. Once you have found the Miami rental you want, then the next step is to make a formal offer. This consist of writing a "contract to lease" and writing a deposit check to your agent's brokerage firm. If accepted, this deposit will be held in escrow until you take occupancy of your newly leased property. The deposit will be allocated to your first month's rent. The remaining move-in cost should be paid directly to the landlord.

The next step is the actual lease. This is composed by the listing agent because the listing agent wants the terms amicable for the owner. It is the perspective tenants responsibility to review the lease, the agent can not give legal advise. The tenant will need to understand the lease or find an attorney to explain it. Once executed the next step, (if renting a condo) would be to submit an application to the association. This is important because if the tenant is denied by the association the agreement is terminated and deposit is returned to perspective tenant.

The landlord will pay all commissions due to the Realtor for finding you your Miami rental. It is important to conduct a walk-thru before taking possession, to point-out any damages or issues to the landlord so the tenant will not be held responsible.