Things to Lookout Before Taking & Giving Rent.

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There are very few people who live in their ancestral home all their life. I am saying this because at some point a person has to leave the house either for higher education or after getting a job because it is not necessary that you get higher education and then get a job in the same city where you are living. We all have such an experience in our life when we have to live as a tenant. In today's time, many people have made many more rooms in their house so that they can have many tenants in their house and they can earn a good income while sitting because this is a very good source of passive income.

Image by F. Muhammad from Pixabay

Now as we are talking about two types of people here, one is the one who wants a house on rent and the other is the one who wants to rent his house, so both the people have different types of demands and if seen in a way, then these things should definitely be taken into consideration. Now first of all let's talk about the person who wants a house on rent.

The first thing he has to see is that for whatever purpose he is taking the rent, whether it is a job or his educational institute, how far is his house from that place. Here he will have to calculate the cost that if he goes to his work from home, how much time will it take and if he has to use a vehicle, then how much more will it cost. Especially it is seen that if someone is in a prime location, then his rent is more and the houses which are a little far away, their rent is a little less. Then he will also have to see here that whatever shops etc. are around the place where he is living and how far are the emergency health facilities, he will also have to see about all these things because this thing is very important. If you have taken a house on rent in a place where there is no shop nearby, then you will have to run to the market even to buy a small thing. Apart from this, the most important thing is the locality around you and the environment there etc. There are many other such things which a person should look at when he is going to take a room on rent.

If you are a person who wants to rent out your room, then you should also look at some things. The first thing is that it is very important to get the background police verification of the person to whom you are renting the room done because this is a very important process. The police also repeatedly make people aware about this thing and this is also important because we do not know the person to whom we are going to rent the room and we do not know anything about him whether what he is saying is a lie or the truth, but if his background check and police verification is done and everything comes out clear, then the person who is giving the room on rent will also be satisfied.

Apart from this, whatever the terms and conditions of the landlord are, they should be explained to the tenant beforehand because this means that the tenant is already aware of the things and if he does not like any condition, he can talk about it or can look for a room somewhere else. Apart from this, if you have a tenant of the same kind and you are living under the same roof, then you also have to see that the person who is coming on rent is with his family, so that he does not do anything that can trouble you. Like, if your tenant is the one who comes home late at night, then many people face this problem.

Apart from this, all your conditions should be told beforehand like by what time should one reach home in the evening and after how much time rent will be increased and all other things should be explained to the tenant beforehand because if you tell them later or tell them some new conditions then it is possible that they may not be able to stay with you and in such a case they will face problems and you too.

Thanks for reading my post till the end.
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