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Houses for Rent: What to Look for in a Rental Contract

Posted March 3, 2020 by in Lifestyle
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The number of choices available for people looking for accommodations is plentiful. This, however, does not mean that people do not make mistakes choosing the right accommodations for themselves. People who do not make it a point to do the necessary research before choosing the perfect home are usually the ones making such errors.

So, what are the factors to keep in mind before signing up for a rental contract?

Figure Out Your Own Need First

The best possible thing to do before you venture out looking at houses is to make a list of the things that are essential for you in a house. For example, the number of rooms you need or the ensuite bathrooms that are required. Even things like having a backyard or a staircase in the house are a matter of concern for some people.

Location, prices, the crime rate in the neighborhood, the proximity to schools, libraries, hospitals, and other amenities all make a serious impact on the house you choose to rent.

It is only when you have determined your needs does it make sense to go house hunting.

Discuss the Terms and Conditions

The next point is to clearly understand the terms and conditions of the landlord before drawing up a contract. There are times when certain people demand a hefty deposit that needs to be paid up all at once in the very beginning, but this is returned at the end of the contract if the house has not sustained any damages.

Whereas some people ask for less deposit but this amount may not be refunded. Therefore, it is vital to discuss this point.

Also, tenancy contracts have a release clause. According to this clause, a tenant may ask to be released from the contract before the term is over, however, the tenant may be required to pay a certain amount of fee as a penalty. As a matter of fact, some landlords insist that the tenant bring in another tenant who would be willing to sign the contract and pay.

The best thing to do is to have a clear discussion about the various terms of the contract before signing the agreement.

Another thing that ought to be discussed is pets. If you have a pet you need to let the landlord know, in case of any inhibitions on the landlord’s side.

Moreover, rentals often include white goods. White goods include a washing machine, fridge, freezer, and other household appliances. It is important to make sure that these appliances are in good working condition.

Extra Fees

Then, of course, there is the fee that is charged by the estate agent. When it comes to house hunting, this is a necessary expense. Going through a reputable agency will likely help you in viewing the best real estate possible.

A home is a very personal space where one feels relaxed, and such a place can only be created if the tenants feel that all their housing requirements are met. 

Many websites provide relevant details concerning rentals. Doing thorough research before signing up houses for rent is likely to save you on money and bring about the best possible choices before you.

Have you ever rented a house before? Let us know in the comments below!