28
Apr
Precautions while looking for a rental home
If you are staying in a rented house, ensure you get a good deal. And the most important is: Don’t get caught in unauthorized deals / illegal flats / flats belonging to unlawful elements. Well, I myself was going through the same dilemma a few months ago. Then I talked to a few experts, brokers, friends, and read a few articles in various newspapers. Based on my research and personal experience, I can confidently list down following precautions that you must observe while taking a home on rent…
- Ask for a Format of Leave and License Agreement or rent agreement, and check for the notice clause in the agreement
- Check details of the owner, such as whether he has the right to give it out on rent. If the representative is the owner’s agent, ask for an authority letter or show the power of attorney between him and the owner.
- Check whether he wants to give flat on company or personal lease, and what kind of contract he plans to sign - also whether he will give monthly license receipts.
- If the agreement has to be registered, ask the owner about the expenses towards that registration (lawyer’s fees, registration charges, stamp duty and other charges, if any). Who will bear these charges; are they going to be shared - if yes, then how?
- Check with the neighbours regarding facilities such as water, power, security, or any other details that you wish to know.
- Check for cross-references with other employees of your company, or friends. Always ensure you use the services of a reputed agent, and that he has a proper office, in case there is a default and you need to trace him later.
- Check society rules for your convenience. Make a checklist of all things provided by the owner and let the document listing the items be signed by both of you mutually.
Tags: Gyaan, Housing, India, Opinion, Rental homes, Tips
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June 3rd, 2009 at 4:55 am
I really liked this post. Can I copy it to my site? Thank you in advance.
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June 13th, 2009 at 9:30 am
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June 15th, 2009 at 9:18 am
Hi, interest post. I’ll write you later about few questions!
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June 17th, 2009 at 9:35 am
Hi KrisBelucci, Kelly Brown & KattyBlackyard,
Thanks all for commenting on my site.
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June 18th, 2009 at 5:20 pm
Hey, nice post, very well written. You should write more about this.
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Sagar Reply:
June 18th, 2009 at 7:28 pm
Hi “How I Make $300 a Day Online”,
Thanks for commenting on my post. I am glad that you liked it. Come back frequently to read more info on this…
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June 21st, 2009 at 1:29 pm
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Charlie
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Sagar Reply:
June 22nd, 2009 at 4:18 pm
Hi Charlie,
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June 22nd, 2009 at 7:00 pm
Quite good topic
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July 19th, 2009 at 12:50 pm
Random question: I am just starting my blog, but how did you start gaining readership? was it just natural? I mean how did people start finding you?
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Sagar Reply:
July 20th, 2009 at 1:30 pm
Hi “John F”,
Thanks for your comment. There are many ways of gaining readership. For me, it was natural. You can increase readers by posting quality content and sharing opinions on related forums. This would be sufficient for a modest start, I guess.
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