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Name and present address of the parties
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Rental tenure
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Rent value
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Security deposit
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Exit Clauses
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Inventory
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Grounds of Eviction
Have you ever been a landlord before? Then you know how difficult it is to handle a disturbing renter. On the other hand, renters often have lots of complains against the landlord. How to make the relationship a comfortable one? You don’t need any guidebook to know the ways. It’s up to you and your landlord to carry on a peaceful relationship between you. As a renter, you must not be late in your payment, while, being a landlord; it’s your duty to provide all facilities to your renter.
Steps to Avoid Hassles While Renting
Be Methodical –
This is applicable for both, the landlord and the tenant. Taking and giving houses for rent in Bangaloreis a legal binding process. From lease agreement to termination of the lease, every step is followed by certain law of the country. So, never break those rules and create problems.
Co-operate in Credit Check –
The landlord has every right to screen the person he is going to give rent. So, as a tenant it is your responsibility to co-operate with your landlord by providing correct information. The landlord of houses for rent in Bangaloremust check the credit worthiness of the possible tenant by scrutinizing his credit records, pay slips, past feedbacks, etc.
Keep Tenancy Agreement –
The tenancy contract is the most important thing of the tenancy agreement. It is the written document of the duties and responsibilities of the tenant as well as the landlord. What is the function of the tenancy agreement? It makes sure that each party has understood the rules and regulations, mentioned on the contract and won’t cross any limits and break the agreement. A tenancy agreement must consist of the following information:
Any breaches to these clauses can drag both the parties to the court.
Make Sure Security Deposit Process–
Every landlord must clarify the issue of security deposit to the tenant and also the return of it as per law at the end of rental period. Being a tenant of houses for rent in Bangalore, it is your responsibility to know whether you have to pay the first month advance before moving in. If it is so, it should be mentioned in written documents. A security deposit plays as a shield for the tenants to save them from any illegal eviction.
Settle on Tenancy Term–
Every clause should be put in clear and untwisted manner on tenancy agreement. It should contain the security deposit issue. Usually, a rental period sustains for one year or 6 months. Whatever the period is, it should be mentioned clearly on the contract paper.
Valid Reason for Termination –
The agreement should comprises of a statement stating how the termination can be effected if any infringement takes place regarding breaking the lease agreed by the tenant. A tenant can be evicted if there are legitimate provisions of breaking local or state law.