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Checks for Signing a Housing Agreement

What to Look Out for When you Sign a Housing Agreement

A tenancy agreement is a contractual obligation between the tenant and landlord. Therefore, the tenant must be very comfortable with the contract terms. The reason is that once the tenant signs the agreement, any oversight or negligence on the tenant’s side will likely cost the tenant extra money or an eviction.

After the stress of checking for a suitable place to rent, the last thing on your mind is trying to understand the special clauses on the tenancy agreement. You want to move in and make that space your own. The thing is, being patient enough to understand these terms will ensure you enjoy your stay.

Here are some clauses you should understand before you execute an agreement. Meanwhile, you can visit jackpot jill for more funds.

Essentials of a Contract

The tenancy must have a commencement and termination date. The tenancy agreement should carry the names and addresses of the parties. The property’s address should not be left out, and the rental price, its due date and whether it can be reviewed must be stated. Make sure these terms are clear and favourable to you.

The Deposit

Landlords may require you to pay a deposit before you move in. The number of weeks’ worth of deposit varies from landlord to landlord. So, make sure you agree to a deposit fee within your budget. If the law obligates landlords to keep your deposit in a government deposit scheme, ensure that the landlord does that.

General Maintenance And Repairs

Remember to check who is responsible for repairing broken-down things needed for day to day running of the house. It is usual for something to break due to wear and tear, so know who to call when the hot water stops, the drainage clogs, the internet stops so you don’t miss out on online casinos in south africa, or the lock is stuck. Are you calling the landlord or the handyman?

Other Agreements

These agreements differ from landlord to landlord, so it will be wrong of you to assume the same rules apply to your old and new apartment. Do they allow pets? If they do, are their limits? Are there restrictions on smoking on the property? Are you allowed to sub-let the property, and if so, in part or whole? What does the landlord say about making decorations or permanent changes on the property? All these terms must be favourable for you, or you may be walking into a trap that might get you evicted or liable to a fine.

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