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Minimum Rental Periods
The minimum rental agreement period is typically 1 year.
Required Documents for Signing a Lease
Typical requirements to sign a lease are:
• Valid passport
• Visa
• Proof of employment
• Credit check
Standard Security Deposit
The security deposit is equivalent to 1-2 months’ rent.
Local Norm for Returning the Security Deposit
The security deposit is returned after completion of inventory, inspection of outstanding refurbishments, and cleaning.
Outstanding payments for utilities and repairs will be deducted if necessary.
Rental Commission
Should you utilize the services of a real estate agent to help you in your search, agencies usually collect rental commission equal to 1 months’ rent but can go up to 15% of the annual rent depending on the location.
Payment of Rental Commission
Payment of the agent’s rental commission varies by state by property. In most locations around the United States the landlord pays the commission. In New York City, Boston, and New Jersey, the tenant customarily pays the commission.
Accepted Method of Payment
Wire transfer and check are acceptable methods of payment.
School Fees
Typical school fees include:
• Application fee – round 100—250 USD
• Book fee – 250+ USD
• Enrollment fee – typically around 1,000-10,000 USD
Accepted Method of Payment
Wire transfer and check are acceptable methods of payment.
Requirements
Typical documentation required to obtain a driver’s license include:
• Valid passport
• Social security number or proof that you cannot obtain one
• Proof of lawful presence in the US (visa, permanent residence card, citizenship certification, etc)
• International driver’s license
• 1 passport photo
Additional Notes
You will need to pass a written and practical test.
Required Documents
To comply with state laws and safety practices, all established residents should obtain a state issued ID/Driver License.
Time Required
Typically, opening a bank account can be completed same day, as long as all required documentation is provided. Credit card applications are processed only with a Social Security number.