Top Tips When Searching For a Rental Property
Renting a house can be a complicated process and requires a great deal of planning and research. There are several benefits to renting a house. One very important benefit is that you’re not obligated to live within the same house forever. You can always move into another house if you’re not happy with a particular home. When looking for a rental property, be sure to take contemporaneous notes as such notes can help you select the finest available property. Also, you should be familiar with renters rights to avoid being cheated. When renting a home, keep the following tips in mind in order to avoid the hassles connected with home renting.
1. Research is Important
Before you settle for a particular rental property, you should take some time to research the locality that you intend to move to. It is a good idea to get assistance from an expert rental service provider. Choose a locality that has quality schools for your kids as well as reliable transport facilities.
2. Be Wary of renter’ rights and landlord law:
Knowing your rights will help you protect your interests. To ensure your safety and that of your family, check to see if electrical devices installed within the house are functioning properly and are safe. Also, make sure that the house meets the fire safety standards. Check to see if the fire alarms are properly installed. If you discover any faults, be sure to inform the landlord right away so that the problem can be taken care of immediately. The landlord should guarantee that the property is safe to live in and in excellent condition.
3. All agreements should be in writing
When renting a property, ask the property owner to give you a written agreement. Read the agreement carefully before you sign it. If there are any terms and conditions that you do not understand, ask the landlord to clarify it. This way, you will prevent any future landlord disputes.
4. Identify the limiting provisions stated within the agreement
The lease agreement might contain certain illegal terms and conditions that might restrict pets, forbid you to run a home business, and even restrict the entry of visitors. The agreement might contain certain phrases, for example tenant agrees to obey any future rules whenever the landlord makes them, or rent might increase. Before you sign the tenant agreement; make sure you’ve understood all the provisions. If you do not accept certain conditions, ask the landlord to revise them.
5. Do not tolerate any discriminatory act
If you notice any discriminatory act while renting a home, file a discrimination law suit against the landlord without delay.
6. Maintain a good relationship with the property managers or landlord
It is important that you maintain a good relationship with your landlord. One way to achieve this is by paying your rent when due and treating the rented house like your own property. Also, you should consider taking care of small repairs yourself.
7. Handling an eviction notice
If you receive an eviction notice from your landlord, make sure you take contemporary notes that will include details such as date and time of the event. These notes will help you determine if the landlord or the property management firm has followed the notice provisions within the agreement for enough notice time. If you’ve breached any of the terms and conditions to warrant the eviction notice, it is best that you leave the property and try to settle with your landlord. Do not forget that your credit score can be tarnished significantly if you lose an eviction lawsuit. Furthermore, it can reduce your chances of obtaining another rented property if the property management company or landlord searches eviction records.
8. Inform the property agent or landlord about any defects you discover
If you notice any faults in the house after you have moved in, you should inform the landlord right away to get it fixed as quickly as possible. It is best to report such problems in writing. After sending the report to the landlord, keep a copy for record purposes and make any contemporaneous notes associated with the fault and the landlord’s response. This will serve as evidence that you’ve informed the landlord about the defect. Bear in mind that there are certain repairs that landlords are not obligated to make.
9. Go for renter’s insurance to protect yourself
With renter’s insurance, you can protect yourself against various losses or damages to your house arising due to theft, fire, sabotage, smoke, explosions, and so forth. If your furniture gets damaged or the items within your refrigerator get damaged as a result of a power outage, your landlord or property manager is usually not obligated to replace such items. (This is however dependent upon local laws). Aside from being affordable, renter’s insurance policy will give you total peace of mind. You should consider purchasing insurance that will cover flood damages; as such damages are not covered by renter’s insurance.
10. Take Contemporaneous notes after moving into the property
After you’ve moved into the property, you should take contemporaneous notes regarding damages or blemishes on the property. This will help prevent the landlord from deducting the cost of fixing such damages from security deposit. Aside from takingnotes, you can also record these conditions with aid of a digital camera and a video recorder. You should share the documentation, video and images with the property managers or landlord. This will help ensure that everyone is in agreement with regard to the state of the property at the time you moved in.
Important Questions You Should Ask a Prospective Landlord
Which country or state are you from?
You can receive some surprising dividends, if you make an effort to get to know the landlord. Establishing a personal relationship with the landlord can help you beat other applicants or renters for a competitive location. It can also help you maintain a friendly relationship with the landlord throughout the duration of your rental period.
Can I feel safe here?
It is always a good idea to get information regarding the security measures that are in place, who your neighbors will be, and the general condition of the neighborhood. Ask the landlord about recent crimes committed within the neighborhood, and do not simply believe everything your landlord tells you. Most police departments publish crime statistics on the internet. They can also answer all your questions regarding the safety of a particular neighborhood. If you are relocating to a new locality, remember to carryout a bit of research.
Can I renovate the place a bit?
Several landlords welcome renters making improvements (making decorative changes, landscaping, gardening, painting, and so forth). Some landlords will even give a refund or negotiate a rent free period, if you carryout specific upgrades on maintenance task on the house. However, some landlords are not so flexible. If you plan to make certain changes, be sure to consult your landlord first.
Can I sublet?
Some landlords forbid subletting while some are extremely flexible and allow it at will. Know your rights as well as the tenancy Act before moving into a particular property.
Will I be assigned a parking spot?
Ask your prospective landlord if you will have a parking spot in the property or whether you will be required to park your vehicle on the street. Can you find a parking spot easily on the street and are vehicle break-ins an issue on the street? Make sure you check this out before moving into the property.
If you are waiting to purchase a house or have fears about the housing market, then renting a home is an excellent option for you. If you apply the tips presented in this article, you will certainly have a good relationship with your property manager or landlord.