Taking a property on rent...? Here are some important points that you must know as a tenant. It’s important to check some points before you sign the agreement.

Read the agreement carefully-

This is one of the important thing, which looks basic but you must read the agreement carefully, and understand it, if you are not able to understand the legal language you can take the help of the Real estate agents or lawyers. It’s important to understand the rules and regulations before signing the agreement to avoid the further disputes. In the agreement you can check the duration of agreement, rent, Deposit and other details.

 Check the land holder’s details-

It’s necessary to check the details of land holders on the papers when you are about to sign the agreement, Be sure that the person you have been talking to as the landholder signs on the agreement as a landholder with you. There may be chances of that land holder has handed over the property to a relative or a caretaker and they further lease it to third party without the knowledge of the actual holder of the property. That’s why you verify the details of the landholder including the title documents.

Overhead Charges-

Some extra facilities like power backup, water tank and other utility services. Sometimes it happens that tenants talks only verbally with landholder. These changes should be clearly mentioned in the agreement to avoid further disputes. Renter must check these details before sign on the agreement.

Repair/Damage costs-

Repair or Damage cost must be specified in the agreement, Because of when you vacate the property the landlord checks the condition of the property and asks for more money if there major damages are seen in the property.

So here are the some important things that we think, will improve your experience for taking home on rent.