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Avoid renter regrets when moving into your next rental property - rent.com.au
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AVOID CLASSIC 'RENTER REGRETS'
Once
you know where you want to rent, finding the right
rental property should be a breeze! To make sure your easy living
dream doesn't get blown away with a flurry of unexpected
or compromising problems, here is a checklist to consider
before signing that lease:
- You can't wait to get that place of your own, but take
your time and don't be pressured into signing something
you aren't 100% sure of. A lease is a contractual
agreement that you must take seriously, so do your
homework and ask questions to ensure the place you are
leasing is the one you want.
- Work out who you want to live with carefully, and whose
name(s) will appear on the lease. All parties to a lease
are responsible for it.
- Don't over extend a lease term if you aren't sure of
your tenure and other movements. Landlords often like to
obtain longer leases and are likely to give better terms
for a longer lease, but this becomes a trap if you need or
want to move after 6 months.
- Make a list of what you really want before you head out,
too often those that really wanted a sunny corner came
back with a shady place, or those that wanted an
entertaining area came back with a larger bedroom and
small entertainment area. Be practical about the
residence, especially stairs, if you've got a bad back,
don't get the third floor. Be wary of incentives that
aren't right for you, the wrong place for you can easily
become home because of that free week rent or other
incentive.
- Understand the car parking situation, is your car space
dedicated or reserved for you? Can it be used by others in
the event of a party with many visitors? Where and how
many visitor car spaces are there? Is there enough street
parking? What car park security and access is there?
- Understand laundry arrangements, most modern properties
are fully equipped with connections for washers and
dryers, but many older properties aren't. If your
laundry is shared check out the quality, access and
privacy and if there are any additional costs involved for
usage.
- Is the hot water hot and is there enough of it? Ask about
the tank size, have a look at it, is it enough for all the
members of your household?
- Ask the landlord/agent about repairs; find out in advance
what their repairs, damage and emergency policy is. You
should know this before it could happen; a good precise
and confident response is the sign of a planned and
working repairs system. Check out the main appliances to
see they are in working order.
- Is there enough storage? Assess whether there is enough
internally and whether there is any other storage access
in the complex or on the grounds.
- Ask someone about the lease if you are unsure. Lease
documents are self explanatory and property managers and
landlords are most often helpful but the lease is a
contractual document that may have costly penalties if you
don't comply with its terms. Discuss matters like
break-costs, late payment penalties, options to renew,
possible subletting and bond return conditions if you are
unsure.
Enjoy
renting, take your time, be sure and act when you are
ready. |
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