People go for renting a flat for various reasons. If you don’t have a property to build a home and your income doesn’t allow you to buy land to build your dream home, you will be forced to rent out a flat. It is not a bad idea to rent a flat, home, or apartment. If you are moving to cities like Ernakulum, you can look for renting a flat for a comfortable stay.
Renting a flat, home, or apartment can be quite a nightmare if you don’t have previous experience. You can hear about several bad experiences and stories of your friends and relatives when you inquire them about their flat renting experiences. Before you rent a flat, home, or villa, you should know about certain points to assure a safe deal.
Renting a flat or an apartment can be challenging as people are likely to ignore some crucial details. So, here are some vital tips to help you to smoothen out the whole flat renting experience:
Make Written Agreement
When you look for a flat rent in Kochi, it is necessary to make a written agreement between tenants and owners. An oral agreement is not safe and legally not acceptable.
Have The Legal Agreement
Before you move to the flat or apartment, you should ensure to have the legal agreement from the owner. The legal agreement should declare the deposit amount you paid, rent amount, term of the lease, notice period, and details of rent percentage increase yearly, maintenance charges if any, water charges if any.
Review Different Problems
As a tenant, you should have complete knowledge about the different types of common problems that can happen in a rented flat, villa, or apartment, including the lack of storage space, parking issues, water scarcity, Maintenance arrears, any uncertain past incident in the property.. etc
Beware of Hidden Costs
You have to be extra careful of hidden costs. Many hidden costs may arise, including maintenance fees, water tanker and electricity bills, bills for broken faucets, faulty lighting, etc.
Hire a broker
Hiring a broker can have many advantages, although it is costly (chargeable/ replace costly). But they will help you with the documents and making agreements. You must ensure that brokers are certified.
Use Google
Many people used to share their experiences of a flat on the web. Hence, there is no better platform than google to get a review about a flat, home, or villa.
Visit the Flat in Person
The images you saw online cannot tell you the quality of the property you are chasing. But if you visit the flat in person, you can know everything about the flat and decide whether the flat is ideal for you to live in or not.
