Rent Agreement Mistakes: You should not do these 8 mistakes while preparing the rent agreement

Rent agreement is a deal between the tenant and the landlord which is signed only after consent. In such a situation, you should avoid making some mistakes. Let’s know which are those 8 mistakes

If you are also going to rent a house, then you should take special care of some things while making a rent agreement. To rent or give a house or house, you need to get a rent agreement made. If you do not get the agreement made, then you can get into trouble going forward. The terms of the tenant and the landlord are written in this agreement. Which both the parties have to sign after agreeing.

In this, information about rent increase, repair and maintenance and other payments is written. Come, let us tell you which 8 mistakes should not be made for making a rent agreement.

Do not do these 8 mistakes

1. Avoid the wrong tenant- Before renting a house or any property, do a thorough research about the tenant. Hiring the wrong tenant can land you in trouble in the long run.
2. Decide the rent thoughtfully- If you have a house, then you must have spent on its maintenance. In such a situation, you should pay attention that your tenant should also keep these things properly and accordingly you should fix the rent as well.
3. Set up tenancy in a professional manner- Tenancy is not a hobby, it is a business. So you should do it properly. For this, hand over the property to the tenant only after making you a rent agreement in a proper manner.
4. Tenancy period- Legally normal tenancy is of 11 months. You should decide the time wisely.
5. Termination and notice- If the tenant does not comply with the terms given in the agreement, the landlord can ask him to vacate the property and terminate the agreement. At the same time, one month’s time has to be given as a notice to the tenant and the landlord to vacate the house.
6. Lock-in period- Under this condition the landlord does not allow the tenant to leave the property outside the city without informing. That is, if the tenant has to vacate the house and go to another city, then the landlord has to inform him beforehand.
7. Payment- The landlord has to fix a fixed date to pay the rent. On the same date the tenant will have to pay the rent to the landlord.
8. Default Clause- Under this rule the landlord can decide his own conditions and penalty.