Renting your first apartment, flat, or house is an exciting experience. You're 'fleeing the nest,' but it's also a little frightening - and we're not just talking about the new hefty monthly payment.

Many first-time renters are in the dark, which is natural given that they had previously lived at home. It's natural to not know everything when renting your first property. However, there are a few things you should be aware of before signing on the dotted line.

When should I make a deposit?

Not until you have seen the property in person and are satisfied with its specifications. Never pay in cash and always request a receipt. A month's rent is usually required as a deposit.

Can my landlord come to my home whenever he or she wants?

Your landlord may enter your home only with your permission. If they wish to undertake repairs or check the property, he or she should contact you and make plans. You are also entitled to your landlord's contact information, such as his or her phone number, email address, and postal address.

Who pays for the repairs?

Your landlord does, and you should be reimbursed if you hire someone to handle repairs.

When must the landlord notify me if he or she wants me to vacate?

Unless you have a fixed-term tenancy, your landlord can ask you to leave without giving you reasons within the first six months of your tenancy, but must give you at least 28 days' notice in writing. (In the first six months, only a few days' notice is required if you have been anti-social or caused substantial property damage.)

What should I do if my landlord decides to raise my rent?

The first step is to determine whether or not you live in a "rent-pressure zone." To discover out, enter the address into the Residential Tenancies Board [RTB] website. If you live in a rent-pressure zone, landlords can only raise rent by 4% per year, or 12% over three years. All of Dublin is under pressure, as are Cork city and some of its suburbs, portions of Galway city, and parts of commuter counties such as Meath, Wicklow, and Kildare.

Monthly housing payments include more than just rent

Inquire with the landlord about how much utilities normally cost tenants, as well as whether there are any additional costs for amenities, and incorporate this into your budget.

You should know how much it will cost you to break your lease

It's best not to do it, but if you must for some unforeseeable reason, know the expense ahead of time so you can budget for it.

Your lease may be renewed automatically

Before you sign anything, you should double-check with your landlord (and possibly an advisor).

Signing a lengthier contract will often save you money

Some landlords give renters who sign an 18-month or two-year lease a monthly discount. Finding new tenants is a nuisance for them, thus they frequently prefer to keep current tenants.

Purchase Renters Insurance

Of course, you're not delighted about adding to your monthly debt, but renters insurance will cover your personal things, but your landlord's insurance will not. It costs roughly €10 per month. (Consider how much it would cost to replace all of your belongings in the event of a loss.)