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7 Things You Should Know
before Renting a Condo
Location
The first thing you must
consider when renting a
condo is the location.

Is it desirable all year long, or is it some
place people only visit during certain times
of the year?
If you want to rent your condo out during
the year, the location must be able to draw
people all year long, and you will want time
to enjoy it yourself.
Look at the Fine Print
Never sign a lease agreement without reading the
fine print.
You may discover hidden fees or regulations that
you weren’t expecting.

Also, there may be landlord duties that you’re
unwilling to fulfil or can’t fulfil if you plan on
renting your condo or only using it at certain
points during the year.
Read the rules
and regulations
carefully before
agreeing to a
lease

The Rules

They might not allow
you to own or do
certain thins to your
vacation rental.

For example, does the
condo rental you have in
mind allow pets? Or do they
have policies about painting
or decorating?
Additional Fees
Be wary about hidden fees. The rent
on your vacation rental might seem
reasonable, but have you factored in
things like gas, water, or garbage?

Think about other fees that
will also drive up rent. Some
things can include:
• Internet
• Fitness Center Fees
• Maintenance
The Minutes
Before committing to a lease agreement,
read the minutes of the condo association.
This will give you an idea of what you can
expect from your neighbors.
Reading the minute can tell you if certain
neighbors will cause problems or make
living in the condo stressful or awkward.
Maintenance
Maintenance is often included in condo rentals
and purchases, but it will cost extra. This means
paying another fee.

If maintenance isn’t included, that means you’ll
have to do it yourself or hire someone separately
to take care of your lawn while you’re out of town

If maintenance isn’t
included and you don’t live
in the area, try working out
an agreement with a
neighbor.
Choose Your Condo Location Wisely
Above all, choose your condo
location wisely. You’ll want to
enjoy it for many years, so
make sure it’s the perfect fit
for you and your family.
Shoreline Properties Inc.
Mailing Address
Shoreline Properties, Inc.
6808 Coastal Hwy.
Ocean City, Maryland 21842

Phone Numbers:
Office: (410) 524-6688
Toll Free: (800) 492-5832
Email:
rentals@shorepro.com
Presentation Summary
Thinking about renting a condo? Don’t
sign a lease without considering these 7
important tips.

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7 Things You Should Know before Renting a Condo

  • 1. 7 Things You Should Know before Renting a Condo
  • 2. Location The first thing you must consider when renting a condo is the location. Is it desirable all year long, or is it some place people only visit during certain times of the year? If you want to rent your condo out during the year, the location must be able to draw people all year long, and you will want time to enjoy it yourself.
  • 3. Look at the Fine Print Never sign a lease agreement without reading the fine print. You may discover hidden fees or regulations that you weren’t expecting. Also, there may be landlord duties that you’re unwilling to fulfil or can’t fulfil if you plan on renting your condo or only using it at certain points during the year.
  • 4. Read the rules and regulations carefully before agreeing to a lease The Rules They might not allow you to own or do certain thins to your vacation rental. For example, does the condo rental you have in mind allow pets? Or do they have policies about painting or decorating?
  • 5. Additional Fees Be wary about hidden fees. The rent on your vacation rental might seem reasonable, but have you factored in things like gas, water, or garbage? Think about other fees that will also drive up rent. Some things can include: • Internet • Fitness Center Fees • Maintenance
  • 6. The Minutes Before committing to a lease agreement, read the minutes of the condo association. This will give you an idea of what you can expect from your neighbors. Reading the minute can tell you if certain neighbors will cause problems or make living in the condo stressful or awkward.
  • 7. Maintenance Maintenance is often included in condo rentals and purchases, but it will cost extra. This means paying another fee. If maintenance isn’t included, that means you’ll have to do it yourself or hire someone separately to take care of your lawn while you’re out of town If maintenance isn’t included and you don’t live in the area, try working out an agreement with a neighbor.
  • 8. Choose Your Condo Location Wisely Above all, choose your condo location wisely. You’ll want to enjoy it for many years, so make sure it’s the perfect fit for you and your family.
  • 9. Shoreline Properties Inc. Mailing Address Shoreline Properties, Inc. 6808 Coastal Hwy. Ocean City, Maryland 21842 Phone Numbers: Office: (410) 524-6688 Toll Free: (800) 492-5832 Email: rentals@shorepro.com
  • 10. Presentation Summary Thinking about renting a condo? Don’t sign a lease without considering these 7 important tips.