Renting should be simple, but a little preparation avoids most disputes later. Here is how to rent with confidence.
Before you visit
- Fix your budget including maintenance charges, parking and utilities.
- Shortlist areas by commute time to work and school, not just distance.
- Decide on furnishing: unfurnished, semi-furnished (wardrobes, fans, lights, kitchen) or fully furnished.
Questions to ask at the visit
- Is the rent inclusive of society maintenance?
- What is the water supply, and is there storage and power backup?
- Is parking allotted to the flat?
- Are pets, guests or family visits restricted by the society?
The rent agreement
- Always sign a written rent agreement. Many agreements are for 11 months and renewable, but the term should suit both sides.
- The agreement should state the rent, deposit, notice period, lock-in (if any), annual increase, who pays maintenance and repairs, and an inventory of furniture and fittings.
- Registration of the agreement protects both owner and tenant. Ask your advisor about the current process and charges.
Deposit and payments
- A security deposit of a few months' rent is common. Agree the amount and the refund terms in writing.
- Pay rent by bank transfer, so there is a clear record.
Tenant verification
- Many local police authorities require owners to submit tenant details. Keep copies of your ID ready and make sure this is done.
Moving in and out
- Walk through the home with the owner and record the condition with photos on day one.
- On moving out, give notice as per the agreement and do a joint inspection before the deposit is refunded.
