10 Common Mistake Renters Makes

When moving into a rented house, after signing the lease, you would be taking care of someone else’s property. However, there are some mistakes that most tenants do when living in a rented place. 

Declining the renter’s insurance

Usually the landlord would have insurance on the property that he lets out on rent. However, this doesn’t cover the property of the renter. You can call your insurance carrier and ask about coverages. This way any loss of property on a rented property doesn’t incur any personal financial loss. 

Don’t sign contract lease without reading it

The contract would have the details of the lease. Whether it is an apartment, flat or a house for rent in Bangalore, the details would include the start date, the length of the lease, and the amount of deposit and terms of the agreement. Ensure that the owner gives a copy of the same to you. 

Don’t pay rent beyond due date 

Some of the rental agreements would include a fine if the rent is due beyond a fixed date. It is therefore best to make all the payments before the last date. If the date is causing a problem, it is best to talk to your landlord and sort out the wrinkles in the contract. This way no late fees are incurred. 

Not reporting of problems in the property when they occur 

Most of the landlords are dependent on the tenant to inform them of the problems when it occurs with the property. The size of the problem does not matter. To cite an instance, if there is a problem with the plumbing, before it leads to bigger issues, it is best to inform and get it repaired. This way the owner saves money and it also keeps the tenant safe. 

Inviting more people to stay with you

Most property owners would clearly state whether you are allowed to invite other members to stay with you in the apartment. If it is a place like a paying guest in Bangalore or Mumbai, then it is understood that the place would have multiple people staying at the apartment. However, it is best to clarify all doubts before signing the lease with the landlord. Sometimes, you may want a roommate to share the rent costs, and then too clarify the same before moving in. You cannot sublet apartments, therefore, the best way to avoid hassles is to ask the property owner and be clear about all things before moving in. 

Failing to provide notice before moving

Most landlords would have their set of rules about moving out of an apartment mentioned in the lease. They usually ask for a month’s notice, however, if that is not feasible, the tenant may even have to pay a month’s rent. To avoid this, the best way is to clear all doubts with the property owner and if possible find another tenant who can replace you as soon as possible. The landlord does not incur any loss of rent making him happy.