Ways To Avoid Being Burned By Hidden Terms In Your Lease
6/08/2017 02:17:00 pm
Ways
To Avoid Being Burned By Hidden Terms In Your Lease
It is common for tenants to rush through or
not read at all the lease agreement before signing. And if you read through, it
is still possible to miss some of the fine details. As you start your hunt for
your very own studio
apartment for rent in KL or any other rental house, put in mind that you
will have to devote some uninterrupted time studying the contents of the lease
agreement. they are more like the house rules your parents imposed on you while
growing up but kicked up a few clicks.
You have to abide by all the tenancy
rules, or else you will face serious consequences. You could get kicked out
since you signed a binding legal document baked by the laws. To avoid getting
burned by these lease terms, here are seven tips to help you out to be safe
from getting burned by the little terms in your lease agreement.
1. Get to know who pays the utility bills
With every rental apartment, there are
different terms and policies. You may have paid an all-inclusive rent that
covers the utilities and may assume that everywhere you go, it will be the same
policy. In most cases, gas, electricity, water, and Internet are not included
as part of the rent. And since they can constitute a significant proportion of
the overall monthly house budget, it is crucial that you ask who will cover
these before signing any lease agreement.
Get to know what your
responsibilities are beforehand. You may find out more about the utility best
practices from this article.
2. Pay your rent on time
Paying rent is as important as paying your
taxes hence the need to pay it on time to avoid getting into trouble with the
landlord. Some lease agreements have a fine line that gives the owner the power
to give you an eviction notice if you are late in paying rent, even if it is
only by one day. And even if you don’t get evicted, your relationship with the
landlord will have been strained.
In most case, rent is due on the first of
each month, but late payment fees only begin to accrue from the fifth. Some
landlords set the late payment charges as high as 25% of the monthly rent and
most states don’t limit this fee allowing the landlord free rein to milk you
for this mistake.
3. Consult before subletting
You may have acquired a lovely studio
apartment and desires to sublet it to get help paying the rent. Without
obtaining written consent from the landlord, you may land in trouble with your
lease agreement since universally, landlords don’t allow subletting.
At the
time of signing the contract, you should request a clause to be included to
leave room in case you want to sublease in the future. And if the landlord
ultimately refuses your request, just forget about the idea since it will be
considered a violation of your terms of tenancy.
4. Always give a proper notice as per the
lease agreement
You may wrongly assume that when your term
ends, the lease automatically lapses. Read the fine line of your contract to be
sure what is required. If it ends automatically, then there is no problem, but
if it states that you must give notice of vacation to the landlord, you must do
it appropriately or else you may have to forfeit your rent deposit.
In most case,
a
full month’s notice is required in writing. Failure to do this may renew
your lease automatically hooking you for the next month’s rent. Since terms
vary depending on the state, it is prudent to read through the terms.
5. Have a limit as to how long guests stay
Some lease agreements state how long you
can let guest stay. It is good to read every clause since some landlords limit
how long a guest can stay. Staying for long will let the landlord assume the
guest stays at your place. All leases are different, and whatever freedoms you
may have had in your previous residence may not be available in the new place.
Failing to adhere to the regulations may endanger your tenancy especially if
you have a strict landlord. Read the lease language carefully and understand
every aspect and if you don’t, just ask for clarification before signing. You
can be evicted for having an unauthorized occupant who could be your spouse or a
relative.
6. Don’t alter anything in the house
Even if you dislike the bedroom wall color,
don’t repaint it. It may also be too hot in the summer; however, installing a
window AC may land you into trouble with your lease terms. Some leases don’t
even allow for thumbtacks so using them can cause you to be fined or worse,
evicted from your lovely studio apartment.
The landlord can charge your
security deposit account for the cost of this repair. It is crucial that you
get written permission from the owner before making any alteration no matter
how trivial. Any additional equipment like an AC can add to your utility bills
or the landlord if the utilities are included in the rent.
1 comments
a good tips and info
ReplyDelete"Semua artikel dalam blog ini dikongsikan untuk tujuan ilmu pengetahuan dan masih boleh dibincangkan & dipersoalkan kebenarannya. Ketepatan & kesahihan maklumat dalam blog ini perlu dibandingkan dengan sumber-sumber lain agar tidak terjadi anggapan penyebaran maklumat palsu atau fitnah. Sebarang maklumbalas berkaitan boleh diajukan kepada Abe di queachmad [at] queachmad [dot] com"