Essential Points That You Must Clarify Before Signing a Rental Agreement with the Landlord
Before moving into a rental property, we all inspect the property well and find out the details regarding essential amenities, such as water supply, parking, and waste management. Apart from this, it is also important to enter into a legal agreement with the landlord. As a tenant, we must keep a photocopy of the agreement paper because it serves as proof of your local address. Plus, in case of any dispute with the landlord, the rental agreement helps in solving the matter. Therefore, you should read and check the rental agreement properly. Here, are a few points that you must check before signing a rental agreement with the landlord.
1. The property details- The rental agreement must provide the details about the area that has been taken on rent. Make sure that the legal document provides information about the property’s address and the landlord’s details. You should check all these details thoroughly.
2. Rent and overhead Charges- The rental agreement should provide detailed information about the rent and overhead charges. Moreover, if the landlord has promised about providing any extra facility, such as power backup, sanitation, water tank, waste management, then their charges should be transparently mentioned in the agreement paper.
3. Damage and repair costs- Many times the cost of repairs and maintenance becomes the bone of contention between the landlord and the tenant. To avoid such instances in the future, you should ask the landlord to provide a detailed clause regarding the damage or repair costs.
On a final note, we suggest you to always get the rental agreement documented on a stamp paper; otherwise, it won’t be served as a valid proof anywhere. Also, get the agreement document signed by two witnesses.
Conclusion – Before moving into a rented flat, you should get a photocopy of the rental agreement. But before signing this document, check the information regarding the property details, landlord details, rent, overhead expenses, and cost against repairs and maintenance.
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