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5 Things Tenants Need To Know Before Signing A Rental Agreement



5 Things Tenants Need To Know Before Signing A Rental Agreement

Every potential tenant must know the answer to five of these questions before signing the rental agreement provided by the landlord

After looking at several homes, you have locked in an apartment for renting. It is perfect from every aspect: monthly rent, location, amenities and much more. However, right before you sign the rental agreement, there are vital points you might overlook.

Once you sign a rental agreement and later on you find out something that goes against your wishes, lifestyle or finances, you will not be able to do anything about it.

The best thing for any potential tenant is to thoroughly read the terms and conditions listed in the agreement. Below are five of the most important things you must look out for before you sign the rental agreement.

RealtyNXT lists the top five things you need to be aware of before you sign the rental agreement of your rented apartment.

  1. What is the tenure and can it be renewed?

These days most agreements by default state the tenure of the tenants as 11 months. However, if you are looking for a rented apartment with a tenure of 11+ months then you must make sure your rental agreement mentions it.

Another vital thing to check out is if the rental agreement can be renewed or not. If the agreement clearly states that it cannot be renewed or does not have any specific clause in support of renewal, make sure that clause is added in the contract.

  1. Is customisation allowed?

We all like to add little personal touches to our personal spaces. Till the time you reside in the rented home, it will be your personal space and it is obvious you might want to personalise it. However, it is of utmost importance that this freedom of making small changes in the apartment is allowed in the contract itself. If it isn’t mentioned in the agreement, the landlord might claim damages or even evict you on the grounds that you broke a rule.

  1. Are pets allowed to live in the house?

If you are someone who has furry babies, this one will be crucial. Some landlords might take objection to the cleanliness of the premises depending on which pet you have. If you sign a lease agreement and later on come to know that it prohibits pets from residing in the apartment, you will either have to leave it or give up on your pet animal. So make sure the agreement has a specific clause regarding pet policy.

  1. Are there any extra charges?

Whether it is the monthly maintenance charges or electricity bills or additional rent for parking space, these and many more additional costs need to be known in advance. Many times, landlords include all these charges in the rent amount but chances are these additional charges might not be included and you might end up paying much more than you can afford.

  1. Are there any specifics regarding damages, pest problems and guests?

Right before you sign the rental agreement, visit the house once and take photographs of all the rooms. Then see if there are any clauses mentioned in it regarding any physical damages caused by the tenant. In rare cases, landlords might try and squeeze extra rupees from you to repair any damages done by them or their former tenants.

If your rented apartment happens to have bed bugs or rats or cockroaches and you decide to seek the services of a pest control provider then who pays this cost? This has to be specified in your contract.

Lastly, check what the agreement states regarding having guests over to the apartment. Also, make sure to include a clause wherein the landlord has to inform you of his/her arrival to the apartment at least 12 hours in advance.

These are the most essential points you as a tenant need to make sure are clarified before you sign the rental agreement.

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