Friday, September 7, 2018

4 Important Things To Remember While Renting Out A Property



Renting out the property is an effective option to generate income from an otherwise vacant house or plot. But while doing so, there are important factors to consider to ensure a transparent deal devoid of any frauds or discrepancies.

The below pointer should be considered to assure a good rental process

1.    Transparent procedure – The tenant should be invited for a property check beforehand to make him aware of the state of the property and the fixtures and fittings that are already installed.

2.    Documentation – The rental agreement should include all the necessary terms and conditions and also it should be ensured that all necessary documents are in place.

3.    Background check – A background check on the tenant is required to ensure a safe transaction. The landlord should also ask for references from the same city to ensure credibility.

4.    Income check – It should be verified whether the prospective tenant has a stable income which can afford the proposed monthly rent. Income proofs like payslips and bank statements can be requested by the landlord.

Heather Homes the top builders in Trivandrum presents premium residential projects at prime locations across the city.  The projects, flats in Trivandrum equips most modern amenities & facilities and is located in best localities close to major social infrastructures.  



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