Hi , Mark .   Hi , Bill . I ’ d like to take the apartment I looked at yesterday .   All right .   So , what do we do now ?   This is the lease . You should read the lease very carefully before you sign it because it describes your legal rights and responsibilities as a tenant . The lease also describes our rights and responsibilities as landlords .   Okay . ( Reads the lease ) So , according to the lease , I ’ ll deposit one month ’ s rent as a security deposit , and I have to pay the first month ’ s rent in advance . I understand that I ’ ll get the security deposit back when I move out if the apartment does not need any costly repairs .   Yes . If you do not damage the apartment , you will get your security deposit back when you move out .   Can I pay you by check ?   Sure . A check will be fine .   Is there a laundry room in the basement ?   Yes .   Can I sign the lease right now ? 