Planning on signing an agreement as a tenant? You will be surprised as to how many people make mistakes in signing legally binding documents. Here are some of the most common mistakes to avoid and steer clear of.
Not reading the agreement
One of the first mistakes a tenant can make is to not read through the complete agreement. Make sure that what you are reading contains all the details starting from the date you are to move into the place, the length or duration of the agreement, how much the complete and monthly rent is and how much security deposit you will be paying. You will need to check and double check again to see that all these details are correctly noted and if there are any changes that you need to have on the agreement you and the landlord will need to agree to them.
Take pictures of the property
You will need to take pictures of the property before you move in so you can document any damage. For example, if there are chips in the walls or something has been broken and you have not even moved in you need to let the landlord know about it. You can also add these damages to the agreement that you are about to sign so that when you are moving out you will not be held liable for them. You can get the help of commercial lease lawyers for this purpose so that they can do the legalities correctly for you.
Not agreeing on possible rent increases
You should definitely be aware of any type of rent increases or additional charges that could possibly be that added during the duration of the agreement. In addition to this, you should also always be aware of what services you are personally held as responsible for like clearing the garbage and what services the establishment will provide for you like cable and the likes. In short you just need to have a really good idea of what you have to pay for and what your landlord will also be responsible for. Otherwise you could end up paying for things that you should not have in the long run. Including everything in the agreement will make sure that there are as fewer disputes and issues as possible.
Look at the neighbourhood
You also need to know about the kind of neighbourhood that you are going to be moving in to. You need to know exactly how close or far the property is to the shopping, educational and office establishments that you will be visiting on a daily basis. If you do not know what the neighbourhood is really like there is no way for you to settle well into that property at all and you also need to ensure that the area is safe or you and your loved ones, you can spend a little bit of time and look into all these details easily.
You really need to think about getting an insurance as the tenant. You cannot ever expect or hold the landlord responsible for the loss of your possessions in a disaster or accident and on such circumstances if you have an insurance you will really be able to help yourself recover.