If you can’t afford to purchase a home, then you are going to be looking at the other option which is renting. Renting is where you pay an agreed upon amount of money to your landlord each month in order to live in their property. As the relationship between the landlord and the tenant is an important one, it’s essential that you both know where you stand. In this article, we’re going to be taking a look at some of the things that you need to know about renting, so keep reading down below if you would like to find out more.
Don’t Sign Anything You Haven’t Read
When it comes to renting a home you really need to sit down and go through every form with a fine tooth comb. There is a reason it is called the small print, the companies don’t want you to pay much attention to it. However, signing without reading both the print and fine print can lead to difficulties down the line. It could mention something really important, decorating for instance, and if you do it without permission then you will get in trouble. You may want to get an expert opinion on what it states and whether to sign it or not. You will need to sign with your signature and possibly print your name as well. You may receive your forms online through a platform such as Form Swift. This will all be automated and will be sent straight back to the agent or landlord.
The Landlord Is Responsible For Repairs
If you find your home needing repairs carried out then this is not your responsibility. You will need to contact your landlord informing them of the problem and they will either come around themselves or send someone else. However, do be aware that if it is something that is your fault then you may be liable to pay the damages. If you are lucky then you may get a totally reasonable landlord. Do be aware, some will just be after your money and won’t really be interested if things start to go wrong.
If You Don’t Pay Your Rent On Time
If you don’t pay your rent on time, then you face being kicked out. As you don’t own the house, the landlord is well within their rights to ask you to leave their property. It’s unlikely that they will ask you to leave if you are late a couple of times on the rent, but if it is a consistent problem and they are having to chase you, landlords might begin to get impatient. A lot of them rely on your rent to be able to pay their own bills, so you need to do your best to pay on time as often as you can.
We hope that you have found this article helpful, and now see some of the things that you should know about renting. Some people love it, some peolpe hate it, but the important thing throughout this is that you know what your rights are, what you’re responsible for, and what you’re not. We wish you the very best of luck and hope that you now have most of the information that you need about renting.