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What To Do Before Signing Your Lease: An Interview with Peter Mlaguzi of M&A Real Estate Inc.

By Peter Mlaguzi

Tell us a little bit about your company and its foundation.

The company was formed to resolve existing marketing inefficiencies within the residential and commercial brokerage industries. Massachusetts is our primary market although we are establishing a presence in the South Florida market. Our clients appreciate our approach which is in line with our moto, we do not sell homes, we sell futures. We look to provide an excellent experience throughout the real estate transaction and beyond. Great service improves the client's experience and the overall health and outlook on the industry. These qualities attribute to high standards and contribute to the growth of our main assets (our agents) and the clientele they service.

What are some of the services your company provides?

Some of the services M&A Real Estate offers are: Listing properties, assisting buyers find homes for sale or lease, servicing residential and commercial markets with all of their real estate needs.

What should I know about my landlord before signing?

What you should know about you landlord before signing is their response rate to your needs. One of the biggest complaints for tenants is maintenance, thus you want to make sure your landlord is accessible and responds in a timely manner to your requests and needs.

What should I inspect in the apartment to make sure its ready for move-in? Can I ask that parts of the apartment be fixed before signing the lease?

What you should inspect to make sure the apartment is move in ready, begin with the eye test to determine the upkeep of the whole unit, cleanliness, also monitor if there are any pest droppings, usually found underneath cabinets and sinks. Additionally, check the water and toilet pressures along with the heating unit and windows. You want to make sure the unit has good water pressure, heats well, and the windows are easy to open and don't allow a lot of air for that will affect your heating bill.

Yes you can ask for repairs to be completed prior to move-in. You want to make sure it's the right situation for you and if something isn't in functioning order, you want it addressed immediately.

Is it important to document any damages before signing?

Yes, best ways to document damages are via photos and written list of the damages. Bring those issues up to the landlord prior to the lease signing and make sure that these items are reflected in the lease.

What questions should I ask the existing tenants before signing the lease?

What is their experience with the landlord? Is he/she responsive to maintenance requests and easily accessible? What are the average rates for their heating and electrical bills? Do they have any issues with any other tenants in the building or the neighbors?

How important is it to get everything in writing? Can I ask that something be changed in the lease agreement?

It's crucial to have everything in writing for if any issues arise, that's your best defense in court. Yes you can ask something be changed in the lease agreement. The lease agreement is a document that has to be mutually agreed upon prior to signing. Thus you have the right to alter or request items be altered.

What are some safety standards every apartment should have?

Depending on the tenant's status, if their rents are government subsidized, then government agents inspect the unit prior to move-in. For other tenants, some standards are cleanliness, safety of the doors and windows, functioning utilities and appliances, etc.

What is the best way for people to get in contact with you or your company?

The best ways for people to get in touch with us are: O:617-588-0087 x701

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About The Author

Peter is the Owner of M&A Real Estate. He also works as a Buyer's and a Seller's agent...

Phone: 617-588-0087

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