Leasing can be the top solution for apartment hunting

Leasing can be the top solution for apartment hunting

It is indeed a mammoth task to finally end up with an apartment that is a clear reflection of one’s dreams. Visiting several apartments will surely be a wise option to arrive at an informed decision weighing their respective pros and cons. Arriving at a viable option will mean zeroing in on the most preferred apartment that can be occupied on lease, by inking a lease agreement with the prospective landlord. Some words of caution however will definitely prove beneficial in working on facts and figures, before penning the long-standing agreement of lease.

The following are the factors that need a profound thought before initiating a signed lease deal.

  • All about a healthy relationship

The first impression is the best impression! In line with this saying, the first interaction, verbal or personal the tenant has with the landlord progresses towards strengthening a cordial, working relationship for both parties in question. This contractual relationship flourishes if operated within these limits. The tenant, while being open about his concerns is at liberty to clarify any issues pertaining to his home; the same way the landlord is required to trust the tenant, who would occupy his premises.

Having a detailed discussion with the existing tenants will clear many ambiguities concerning the locality, the landlord or any other specific issue that needs attention.

The first look

  • Site Inspection – The first look

While everything looks good on paper, a diligent tenant should always insist upon a site inspection. This is the best way to estimate the factors of safety, functionality and comfort of the apartment. The tenant either wins a good deal when the landlord is willing to make amends depending on his requirements or can simply walk away from signing a deal in the event an unyielding landlord is not poised towards making any changes to the apartment.

  • All in black and white

Following the permission of the landlord to lease his apartment, the tenant plays safe by documenting every aspect of visible damage to different parts. The document standing testimony to damages that were not agreed upon by the landlord for renovation will hence absolve the tenant of security deposit concerning these damaged parts. Another caveat to this would be to engage in written communication with the landlord so as to gain from past logs which can help resolve issues in future.

  • Knowing Rights and Duties

Tenants can benefit a great deal from an online handbook that clearly displays their rights and duties, given their city’s jurisdiction. The following will definitely throw light on the same.

  • Clear Mention of Utilities

The tenant should always be in the know of utilities that are provided under the lease agreement. These clearly mentioned will save him from making a blunder choosing an apartment that can go burden his monthly expenditure. This way, the tenant not only enjoys these general utilities but also is not pained by burning a hole in his pocket.

Renovations to apartment

  • Renovations to apartment

It’s all about getting prior permission from the landlord to make customized changes to the apartment, in keeping the needs and lifestyle of the tenant. Not following this precondition can lead to termination of lease in addition to losing security deposit. Hence it is in the best interest of the tenant to have an open discussion of these renovations to avoid misunderstandings after the expiry of the lease agreement.

  • Concerns regarding pets

Households which are ardent pet lovers have to go the extra mile in getting prior permission from the landlord to domesticate a pet, with many properties professing strict pet rules. An intention to acquire a pet in the future too calls for similar forethought in clearing the air of ambiguity.

  • Honesty is the best policy

  Being honest pays in more ways than one! An honest tenant who is outspoken about his inability to pay rent or any other impending issue will save a great deal in uplifting the trust factor with his landlord. On the flip side, owning up on accidental damages caused to the apartment even before the landlord mentions the same will pave way for a smooth and trustworthy exit.