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A First-time Tenant? Here Is What You Need To Know About Renting Homes
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The desire for building a flourishing career and the need to gain financial stability, make people leave their hometowns in search of greener pastures. But when you do land a job in a new place, the need for a home puts most of us in a fix.
Finding a place to live is a major issue these individuals face. There are a lot of rules and regulations that aim at protecting both the landlord and the tenant. You need to have a fair knowledge of these laws to find a suitable place to call home.
Steps To Help You Rent A Home
Where to search?
Searching for rentals online is the best option. Websites offer lots of information about rental properties such as the location details, property photos, description of features, rent amount, etc. Other options for finding rental properties include newspapers and real estate agents. Once you have shortlisted a couple of properties, you need to make a visit to the place. Rental properties are managed by agents. You need to send them your rental applications and request for a property viewing.
Applying for the property
Applications require the following documents -
ID proofs - Multiple proofs of ID with your photo, name and address.
References - Personal and employment references have to be presented. If you are self-employed, then you will need to show a three month's pay slip
Bank statements from three months as a proof of your income
Before moving in, you need to do a site inspection. If you come across any damage, you will have to notify the agent or the landlord immediately. Otherwise, when you move out the damage cost will be debited from the bond money. Here are some other requirements before moving in -
Sign a Tenancy Agreement
Pay a month's rent in advance
Pay for a bond
What is a bond?
A rental bond is a security deposit that a tenant has to make before moving in. Usually, 4 to 6 weeks rent is paid as a security deposit. Once the tenant moves out the deposit is returned along with the interest.
Once the tenancy is over and you decide to move out the landlord will inspect the premises and give you an out-going report which mainly highlights the condition of the property. Once you agree with the report, you need to sign it. And if the premises are well-kept you will be entitled to a full refund of your rental bond. If the property is untidy or has damages, the cost of the repair and maintenance will be deducted from the rental bond.
End of lease cleaners Sydney are the best option to avoid it. The end of lease cleaners will leave the house spick and span, and the service does not cost a leg and arm. The services include - kitchen, bathroom and bedroom cleaning, stain removal carpet cleaning, window cleaning, exterior cleaning and rubbish disposal. End of lease cleaners offers an array of such cleaning services and has a 100 percent success rate in bond refunding.
Article Resource From: - http://www.sooperarticles.com/real-estate-articles/property-rent-articles/first-time-tenant-here-what-you-need-know-about-renting-homes-1548328.html
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