Top 10 Questions Should Ask Before Signing Up The Rental Agreement

Rental apartments have become the first choice of everyone. Majority of people have the are looking for rental apartments such as studio apartments in Delhi. The actual reason behind this is the accommodation cost. It is less expensive for anyone to have accommodation in rental apartments rather than buying a whole new home.  But there are certain questions to ask, before signing up the rental agreement. let's discuss the key points to be considered:-

1. What is the duration of the rental agreement?

The duration of the rental agreement should be clearly defined. i.e when the agreement has started and when it will end. It will help you out in calculating your total rental amount- that you will be going to pay. You should also get to know the procedure of extending the rental agreement. his information will help you to prepare for anything whether you want to continue the rent agreement or change the apartment.

2. What is the actual cost to move in?

Rental apartments charge some advance money from the tenant. They usually charge one or two-month advance rent. Some also charge the security deposit from the tenant. So that you need to make sure that you are financially ready for the rent. Some realtors also charge monthly maintenance from the tenant. These charges vary from apartments to apartments.

3. How about their guest policy?

Guest policy is directly related to the freedom of the tenant. It is also mentioned in the agreement. But it is one of the big issues with some of the rental apartments.  Most of the rental places, not allowed the visitors to stay more than a couple of weeks. On the other hand, there are also some realtors who even not allowed the guest to stay. So make sure that the guest policy is allowing the guest to stray in the apartment as long as they want. It also helps you to engage with your relative and make a good relationship with them.

4. How early the appliance repaired?

It is the critical point because nowadays we are relying on appliances for our needs. Suppose that you usually cook toast on your toaster. Suddenly one day the toaster stopped working. What would you do at that moment? That's why it becomes crucial to have the quickest repair of the appliance. The tenant can also repair the appliance by some repair shops. As a result, the landlord will cut off the amount from the rent. This option is much easier and quicker than the other one.

5. What about the security arrangements?

Security is a big concern for every individual. That's why it becomes crucial for all to have the most secure accommodation. For this, you can investigate the security arrangements of the rental apartments. Or you can ask the landlord about the security features of their apartments. You can also analyze the locality by its crime record and by investigating the neighbors. After doing all these steps you can get the solid idea about the security of the apartment.

6. How often does the rent rise?

It is usual that the service apartments raised the rent on the renewal of the rental agreement. Whether it is based on 3 months or 6 months. Some of the realtors raised the rent every year. It becomes costly for the tenant. You can discuss with the realtors about the rent raise.

7. What is the parking situation?

Parking has become one of the most basic needs of an individual. So make sure that the rental apartment has enough parking space. Because parking charges are increasing at a rapid speed. That's why it becomes necessary to have the parking space within the rental apartment premises. There should be separate space for the car and bike parking. Also, get to know sure that the landlord should not charge extra money for the parking.

8. Will the apartment fulfill the storage needs?

It is a myth that small apartments provide less storage space. Some innovative ideas can create enough storage space within the same area. You can also analyze the storage space of the apartments. The analyzation helps you to make a decision that whether it fulfills your storage needs or not. Note that some realtors charge a high amount of money for more storage space.

9. What about the ventilation and natural lighting in the apartments?

Fresh air is the basic need of everyone - the same rule applies to the rental apartments. So try to find out that the apartments are having a good ventilation system to pass the air.  Natural lighting is as important as ventilation. Natural lighting eliminates the need for artificial lighting throughout the day. So be sure about the apartments to provide enough natural lightning in its premises.

 10 How about the Location?

Before renting you should get to know about the location of the rental apartments. The locality should offer all the basic needs. It should be nearby the departmental stores, schools, colleges, hospitals, and offices etc. All these facilities must have at the walking distance or easy to reach distance. It will help you out to save your money on the transportation cost. It will also minimize the traveling time.

Conclusion

All these questions are the trump card for you and for any tenant. By asking these question you can have the best accommodation at reasonable cost. So what are you waiting for? Start asking these question before signing up the rental agreement and see the actual results.

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