Oasis at Heritage

Choosing the Right Leasing Option

Choosing the Right Leasing Option

Choosing the Right Leasing Option

If you're in the market for an apartment in Wilson, NC, chances are you're faced with several leasing options to choose from. Whether you're a first-time renter or an experienced one, navigating the different leasing options can be overwhelming. However, choosing the right leasing option is crucial to ensure a stress-free rental experience. This blog will explore the different leasing options available and provide you with tips on how to choose the right one.

Fixed-term Leases

Fixed-term leases are the most common leasing option offered by landlords and property managers. These leases come with a set term, typically 6 to 12 months, during which the renter is bound to the rental agreement. It's important to note that if you break the lease early, you may incur penalties and fees. Fixed-term leases offer renters stability and predictability, but they come with fewer flexibilities compared to other leasing options.

Month-to-Month Leases

Month-to-month leases are a flexible leasing option that allows renters to rent on a monthly basis. These leases don't come with a set term, meaning renters can end their tenancy at any time by giving the required notice period. Month-to-month leases are ideal for renters who want flexibility and don't want to commit to a long-term lease. However, rents on month-to-month leases are typically higher than other leasing options, and landlords have the right to raise the rent or terminate the lease with proper notice.

Fixed-term with an Option to Renew

This leasing option is a hybrid of fixed-term and month-to-month leases. It involves signing a fixed-term lease, typically for 6 to 12 months, with an option to renew at the end of the lease term. This option offers renters the stability of fixed-term leases with the flexibility of month-to-month leases. It's essential to review the lease agreement carefully to understand the terms and conditions of the option to renew. Most landlords require renters to give notice if they don't intend to renew the lease.

Lease Takeover

Lease takeover, also known as subleasing, is an excellent option for renters who want to end their lease early or can't fulfill their lease agreement. It involves transferring the remaining lease term to another renter. The new renter takes over the financial responsibilities of the lease, including paying rent, utilities, and any fees. However, lease takeover can be a tricky process and can involve additional costs and fees.



Choosing the right leasing option is a crucial step in ensuring a stress-free rental experience. Familiarizing yourself with the different leasing options available and understanding the terms and conditions of each option is essential. At Oasis at Heritage, we offer various leasing options to meet your rental needs in Wilson, NC. Our experienced leasing professionals will work with you to identify the best leasing option for you. If you're looking for apartments in Wilson, NC, contact us today to schedule a personal tour of our apartments.

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