Rent Agreement: An agreement is a kind of written agreement in which important things related to rent and house arrangements are mentioned. If you are also a tenant, then while making a rent agreement, pay special attention to some things, so that you do not have to face any problem later.
Rent Agreement: There is a large section in the country that does not have their own house and they live in rented houses. At the same time, many people who leave their homes in small cities and go to other cities for jobs, they also live in rented houses. While taking a house on rent, there is a rent agreement between the landlord and the tenant. This is a kind of written agreement in which important things related to rent and house arrangements are mentioned. If you are also a tenant, then while making a rent agreement, pay special attention to some things, so that you do not have to face any problem later.
Rent and Security
Make sure to mention in the rent agreement how much rent you will pay to the landlord every month and how much security you have deposited. Also get the rules related to returning the security written. So that everything is clear between you and the landlord. Keep in mind that the agreement is a compromise between the landlord and the tenant, if the landlord has written his rules in it, then you can also get yours written in it. After signing, keep a copy of the rent agreement with you because it can help you in many of your tasks.
When will the rent increase
Decide with the landlord beforehand when he will increase the rent and by how much. Make sure to include this in your agreement as well. So that the landlord cannot increase the rent more than the fixed ratio. Usually the rent of the house increases by 10 percent every year. If you want, you can agree to this or you can convince the landlord to increase the rent a little less.
Repair and maintenance
The house you are living in needs repair, maintenance and painting from time to time. In such a situation, who will bear this expense, this should be clearly mentioned in the agreement. Also, if any accident happens, then who will compensate for the damage caused to the house? This should also be written in the agreement.
Which bills are mentioned in the agreement
Many types of rules and conditions are written on the rent agreement. Read them very carefully. Check if the landlord has mentioned any penalty for paying the rent late. Apart from this, you should also check about electricity, water bills, house tax and facilities like gym, swimming pool, parking, club etc. and the payment for it. This means that keep in mind that only those bills should be mentioned in the agreement, which you will pay to the landlord.
