7 Point Checklist For A First Time Home Renter
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7 Point Checklist For A First Time Home Renter






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7 Point Checklist For A First Time Home Renter Presentation Transcript

  • 1. There are several do’s and don’ts in choosing a home to rent and while signing the rental/lease agreement
  • 2. Here’s a checklist for a first-time renter searching for a rental property
  • 3. Before finalizing the property check its proximity or easy access to your work place and every day destinations like school, railway station, hospital and shops. Where is the Location ? #1
  • 4. It is always ideal to go for a newly built or no very old house / apartment. Because frequent maintenance can happen for old houses What’s the Condition of the house ? #2
  • 5. How safe is the Apartment community? Ensure that the apartment / house belongs to a good residential community with round the clock security and power back up. #3
  • 6. Do you have all the facilities? Do ensure that you have access to facilities like specific parking slots and essential common lifestyle amenities belonging to the community as a whole. #4
  • 7. How much is the security Deposit? All tenants will have to deposit some money with the landlord as a security against defaults in rent payment and damages of the property which is usually not more than six month’s rent, but may slightly vary from case to case. #5
  • 8. What does the Lease Agreement comprise? Every deal should be entered through a lease agreement which contains a full description of the property including the premises, time period, termination clause, rent payable with due date, mode of payment and penalty if not paid, conditions regarding the use of property, maintenance charges, special clauses if any and security deposit. #6
  • 9. Have you created the Rent/Lease agreement? The most important thing is to create a lease / rent agreement with the landlord. #7
  • 10. Get the Best advice on property buying here
  • 11. CommonFloor.com is India's leading property search portal. On a mission to make property search hassle-free, transparent and fruitful; CF has best of breed property search on maps, property search mobile apps and an extensive section for knowledge resources and advice in real estate.