International Students: Lease Contract Signatory Rights Explained

International students face several challenges when renting an apartment in a new country. In addition to the usual concerns, such as cost and location, they must navigate issues like visa requirements, credit and background checks, and the potential for scams. While it is possible for international students to sign a lease contract, they may need to take additional steps, such as finding a cosigner or guarantor who is a US citizen or permanent resident. This person would be financially responsible if the student were unable to pay rent. Furthermore, international students should be cautious of housing scams and be sure to understand the terms and language of lease agreements before signing.

Privacy and independence

However, it is important to note that off-campus housing can also be more expensive due to the need to put down a security deposit, which is usually equal to three months' rent, and the requirement to have a guarantor or co-signer who is a US citizen or permanent resident willing to take financial responsibility. International students may also face challenges with credit and background checks, as landlords often require proof of financial stability and employment verification.

To find off-campus housing, international students can explore various options, such as renting apartments alone or with roommates. Renting alone provides maximum privacy but can be costly, while sharing an apartment can help divide the rent and utility costs. Additionally, some schools offer off-campus housing at lower rents, usually reserved for graduate students or those with families.

When searching for off-campus housing, it is crucial to be cautious of housing scams, which often target international students. Always verify the legitimacy of any rental deals and be wary of providing personal information until you trust the landlord or property manager. It is also recommended to understand the terms and language of apartment advertisements and leases before signing any contracts.

On-campus vs off-campus

International students can sign a lease contract, but there are several factors to consider when deciding between on-campus and off-campus housing. On-campus housing offers convenience and a sense of community, while off-campus housing provides more independence and privacy. Here is a detailed comparison of the two options:

On-Campus Housing

Living on-campus means you are physically closer to your college and its facilities, which can save you time and money on commuting. Many colleges offer furnished rooms with basic necessities, so you don't have to worry about purchasing furniture or appliances. On-campus housing also provides a sense of community and easier access to support services and social activities. However, it can be more expensive, and you may have less privacy, especially if you share rooms and common areas. Additionally, you may be required to purchase a meal plan, which can be costly and limit your meal options.

Off-Campus Housing

Off-campus housing offers more independence and privacy. You have the freedom to choose your living space, roommates, and meal options, which can result in cost savings. You can also learn valuable life skills by managing your resources and handling household responsibilities. However, off-campus housing may require a security deposit and a guarantor to co-sign the lease. Utilities are typically not included, so you will need to set up and pay for them separately. Off-campus housing can be further away from campus, resulting in additional transportation costs and a potential sense of missing out on campus activities.

Before signing a lease for off-campus housing, it is crucial to understand the terms and conditions thoroughly. Seek legal advice if needed, and be aware of tenant rights and rental laws. Visit the property in person to ensure it meets your expectations and complies with safety requirements. Understand the financial implications, such as budgeting for rent, utilities, and potential deposits. Additionally, consider the length of the lease and whether you need a rental agreement or a fixed-term lease.

In conclusion, both on-campus and off-campus housing options have their advantages and disadvantages. On-campus housing provides convenience and a sense of community, while off-campus housing offers more privacy and independence. Consider your budget, preferred lifestyle, and the level of responsibility you are comfortable with when making your decision.

Housing scams

International students are often targeted by scammers, and should be aware of the possible signs of a housing scam.

Firstly, always visit the apartment and meet the landlord before signing a lease. Do not wire money or pay a deposit for a rental that you have not seen in person. Usually, landlords will require a payment of three months' rent as a security deposit when the lease is signed. This is standard practice, but be wary of anyone asking for money without a contract being signed.

Secondly, some landlords may require a social security number (SSN), but most international students do not have one. It is the landlord's right to decide whether to accept a student without one, but this should not be used as an excuse to deny you housing.

Thirdly, be aware of the total cost of your housing expenses each month. Find out which utilities (electricity, internet, cable, heat, hot water) are included in the rent. For those that are not included, get an estimate of the annual charges from the utility supplier.

Finally, always read the lease thoroughly before signing it. A lease is a legally binding document, and you are accepting all the terms and conditions once you sign it. Discuss any concerns or questions with the landlord before signing. You should also receive a copy of the lease signed by the landlord within 30 days of your signing.

In addition to these precautions, be aware of other common scams targeting international students. For example, fraudsters have posed as education agents for universities, offering discounts on tuition fees. They then take the money and do not pass it on to the university. Always use official university websites and resources to make payments.

Lease agreements

One of the primary challenges international students face when signing a lease is the requirement for a cosigner or guarantor. In the United States, for instance, it is common for landlords to request a U.S. citizen or permanent resident to cosign the lease, vouching for the student's financial responsibility. This requirement can be met by a relative, friend, or acquaintance. Additionally, some landlords may ask for a security deposit, typically equivalent to three months' rent, to be paid at the signing of the lease.

To increase your chances of securing a lease as an international student, it is advisable to have certain documents ready. These may include proof of income or financial support, such as a student loan, grant, or parental support. If you are authorized to work in the country, you may also be expected to provide a Social Security number or its equivalent, depending on the local regulations. Contact information for previous landlords or rental history can also strengthen your application.

It is worth noting that housing scams targeting international students are not uncommon. Therefore, exercise caution when providing personal information and verify the legitimacy of any rental deals. Utilize trusted online rental listing sites, and remember to visit the apartment and meet the landlord before committing to any lease agreement. Additionally, be cautious of requests for cash payments and always review the lease terms to understand what utilities and expenses are included in the rent.

Financial requirements

International students on a visa can sign a lease contract in the US, but they need to be aware of the financial requirements and potential challenges. Here are the key financial requirements for international students looking to sign a lease contract:

Proof of Income and Financial Responsibility

Landlords in the US typically require proof of income to ensure that tenants can pay rent regularly. International students may need to provide alternative forms of proof since they may not have a standard credit history or financial background in the country. Here are some options for demonstrating financial responsibility:

• Employment Verification: If you are authorized to work in the US, provide proof of employment, such as an employment letter or pay stubs. This shows that you have a steady source of income to cover the rent.
• Student Loans and Financial Aid: If you have been approved for a student loan, scholarship, or other financial aid, this can serve as proof of financial assistance. It demonstrates that you have access to funds to cover your living expenses, including rent.
• Guarantor or Cosigner: In many cases, international students are required to have a US citizen or permanent resident cosign the lease. This person acts as a guarantor, taking responsibility for the rent payments if the student fails to pay. The guarantor provides additional financial security for the landlord.
• Bank Statements: If you don't have a credit history in the US, providing several months' worth of bank statements can give landlords insight into your financial situation and ability to make regular rent payments.

Visa Status and Duration

Your visa status and duration are crucial factors in signing a lease contract. Landlords will typically ask for proof of your visa status, and it is essential to ensure that your visa remains valid for the entire duration of the lease. An active visa throughout the lease term is a standard requirement for renting in certain areas, such as New York City.

Social Security Number

If you are authorized to work in the US, you are expected to apply for a Social Security Number, which landlords often request during the rental application process. If you haven't applied or are not eligible, be prepared to explain this to the landlord and provide alternative forms of proof of financial support or employment.

Rental History

In the absence of a credit history, providing a rental history can be beneficial. If you have previously rented in the US or another country, contact information for previous landlords can give landlords an idea of your track record as a tenant and your ability to pay rent on time.

Passport or State-Issued Identification

As an international student, you will likely need to provide your passport as a form of identification when signing a lease. If you have lived in the US for a while, a driver's license or other state-issued photo ID may also be accepted.

It's important to note that the specific financial requirements may vary depending on the landlord, the location of the rental property, and other factors. International students should be prepared to provide a combination of these documents and proofs to demonstrate their financial capability and responsibility when signing a lease contract in the US.

Frequently asked questions