Furnished apartment addendum example 2026

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  1. Click ‘Get Form’ to open the furnished apartment addendum in the editor.
  2. Begin by entering your name and the date in the designated fields for both Resident and Owner. This ensures that all parties are clearly identified.
  3. Review the list of furniture provided in the addendum. Confirm that all items are present and in good condition. If any discrepancies exist, note them in the comments section.
  4. Acknowledge your acceptance of the furniture's condition by signing in the appropriate field. Ensure that you also print your name below your signature for clarity.
  5. Finally, review any additional fees mentioned, such as the one-time delivery fee and monthly charges, ensuring you understand your financial obligations before finalizing.

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Usually around 15 20% more than an unfurnished one. Thinking about furnishing your rental? Youre not alone. Its one of the top questions we get from landlords here at J Property Management.
Rent is higher: Rents may increase when an apartment is fully furnished because renters will bear all costs related to furnishing it themselves - this makes the apartment less attractive for renters on tight budgets.
Furnished rentals often experience more tenant turnover and, consequently, more wear and tear. Because the furnishings arent their own, tenants are more likely to overlook their maintenance and care.
You can charge a higher rent Furnished properties earn 15-50% more than unfurnished ones. On a long-term rental, the rent can be up to 20% higher. On a short-term rental, the rent can be up to 50% higher than that of an unfurnished one.
Fully furnished, also known as turnkey, apartments go a step beyond the basics to provide things like towels, blankets, dishes, pots and pans, and silverware. Youll likely find artwork on the walls and other dcor. A washer and dryer might be included.

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A well-crafted lease addendum template should include: Reference to the Original Lease: This Addendum is made part of the Lease dated January 1, 2024, between Landlord John Doe and Tenant Jane Smith. Names of Landlord and Tenant(s): Ensure all involved parties are listed.
Remember that the rate you set needs to match both the units value and the local market. A furnished space in a trendy urban hot spot, for instance, might justify a higher price tag than a unit in a quieter suburb. Ultimately, pricing a fully furnished apartment is about striking a balance.
And thats not just our opinion; in many states, its the law. For instance, in California you can collect two months worth of rent as a deposit for an unfurnished rental. However, you can charge three times the monthly rate if the same rental is fully furnished.

furniture addendum