Now that you have decided a property on a lease, there are certain necessary checks which certainly you might be cognizant of as a tenant. However, it is equally necessary to check the rental contract for some of the most important points prior to signing it in order to stay away from any debates once you start living on lease in the preferred house.
It may all begin from small issues like repairs and bills and might go on to the unanticipated rental hike. So, settling it all in the tenant contract should be your essential concern when you are going to sign the contract.
Here are a couple of aspects and clauses you should not overlook and should be included at the time of the contract.
Read the Agreement Carefully
It may sound too basic and obvious but the truth is that most of the tenants either do not pursue the whole contract carefully or unable to figure out the legal wording used in the agreement. There might be times when you are simply gazing at the agreement to translate the interpretation of your legal tenant contract. It is unquestionably not wise to decipher that the things assured are brought up in the agreement by the landowner and you can trustfully sign on the dotted line. If you can’t decipher what exactly the statements mean, it is suggested that you consult a legal counselor.
Damage and Repair Costs
State the damage or repair costs in the lease contract before you move in. This is of utmost significance as this may cost you a fortune if significant harms are seen when you empty the property.
At Multilving , leave your worry with us about leaking taps and broken A/Cs. We make arrangements for urgent repairs and make sure your home is regularly checked upon.
Check the Landlord Details
The details of the landowner do not only mean checking the background of the proprietor. Rather it is crucial to check the details on the papers when you are about to sign the contract. Confirm that the person you have been talking to as the landlord signs on the contract as a proprietor with you. There have been occurrences when the proprietor has handed over the property to a member of the family or a keeper and they further rent it to an outsider without the information on the real proprietor of the property. So, check each detail of the landowner including the title records.
All new tasks by reputed builders are assisted with power reinforcement, a water tank, and other utility services. However, tenants shouldn’t simply be told about overhead charges verbally. These charges should be clearly mentioned in the agreement. Tenants must check these before signing the contract.
It is indeed critical to read the above-said postulates in your lease agreement in order to avoid any differences with your landowner.
At Multliving, we provide Hassle-free rental management for homeowners and tenants to make the process smoother by assisting and screening the best tenants to vacate your empty apartments.