When it comes to rental agreements, understanding the jargon can be crucial for tenants. A rental agreement is a legally binding contract between a landlord and a tenant, and it outlines the terms and conditions of the tenancy. Here are some common rental agreement terms that tenants should be familiar with.

1. Rent: This refers to the amount of money that the tenant must pay the landlord for the use of the rental property. Rent is usually paid monthly, and it can be fixed or variable.

2. Security deposit: This is a sum of money that the tenant pays to the landlord to cover any damages or unpaid rent at the end of the tenancy. The security deposit is usually equal to one month`s rent, but it can vary depending on the landlord`s policy.

3. Tenant screening: This is the process that landlords use to evaluate potential tenants. Tenant screening includes checking credit history, criminal history, and rental history.

4. Lease term: This refers to the length of time that the rental agreement is in effect. The lease term can be month-to-month or for a fixed period of time (such as one year).

5. Renewal: This is the process of extending the lease agreement after the initial lease term has expired. A tenant may have the option to renew the lease, but the terms and conditions may change.

6. Subletting: This is the process of renting out a portion of the rental property to someone else. Subletting is usually prohibited in rental agreements, unless the landlord gives permission.

7. Utilities: These are the basic services that the tenant must pay for, such as electricity, gas, water, and garbage. The rental agreement will specify which utilities the tenant is responsible for paying.

8. Late fees: These are fees that the tenant must pay if rent is not paid on time. Late fees are usually specified in the rental agreement.

9. Termination: This is the process of ending the rental agreement before the lease term has expired. Termination can happen for many reasons, such as non-payment of rent, violation of the rental agreement, or mutual agreement between the landlord and tenant.

Understanding rental agreement jargon can help tenants avoid misunderstandings and conflicts with their landlords. Tenants should carefully review the rental agreement before signing it and ask for clarification if they have any questions.