Home Rental Checklist

1. Read the Lease Before Signing Anything

Once the lease is signed, it is a binding contract. Before signing anything, read through the lease carefully. If there are any problems, ask the landlord to negotiate or change the terms. As a potential tenant, it could be easier to bargain for certain things. It is important to negotiate the terms and conditions before signing the contract.

Get everything in writing first; sometimes verbal agreements can be forgotten or can be a victim of miscommunication. Verbal agreements are also harder to enforce. Be sure that the landlord and the tenant know who is responsible for what. For example, who will take care of the yard work or who is responsible for fixing things when they break? Large appliances like a refrigerator and dishwasher need regular maintenance. Decide who will take care of this and who should be financially responsible for the repairs.

2. Set Privacy Standards

Privacy is also an important thing to discuss with the landlord. Decide if the landlord needs to give a few days notice before they come onto the property or if they are free to come whenever they please.

3. Protect the Security Deposit

A security deposit is extra money that a landlord may require the tenant to pay before moving in. This money acts as a cushion in case something should be damaged or broken while they are living there. The security deposit money will be used to cover the damage costs. Before moving any furniture into the house, do a walkthrough of the property to check for damages. If the walkthrough is not completed before moving in the tenant may be responsible for the damages that they did not create. Keep a thorough record of what was damaged and where the damage was before moving in and give a copy to the landlord. Take pictures to go along with the damage list.

4. Protect Assets with Renters Insurance

Renters insurance can be a good investment since it protects the home’s assets and is affordable. Renters insurance protects against floods, robberies, fires or any kind of damage that may occur. The landlord’s insurance will only cover the physical building and not the things inside.

5. Calculate the Tax

A council tax is a tax that is collected by the local council on all domestic properties. Before renting a house find out how much council tax is going to cost. Students or those who are under the age of 18 do not need to pay a council tax. Single tenants are able to get a discount of 25%.

6. Pick a Good Location

Location is another thing to look for when renting a home. If it is too far away from school or work, transportation costs will be higher. The cost to rent a house will be lower outside of a city but the cost to rent a house in the heart of a large city will be substantially higher.

House Rental Coventry

Photo Credits: http://www.flickr.com/photos/randz/1018596000/

7. Put Safety First

Safety should be a high priority when looking to rent a house. Check out the surrounding neighborhood to make sure it is well lit at night. Safety does not just pertain to the outside area surrounding the house. The safety of the house needs to be checked out before moving in. Check the wiring of the house by looking at electrical outlets and asking the landlord about the electrical wirings. Make sure there are a sufficient number of smoke alarms and that the house is well ventilated. The landlord should be able to show the tenant the gas safety certificate.

Renting a home can be an exciting time. However, before putting ink to paper, check the property for safety and read the terms and conditions carefully.

Joe Jones writes on behalf of a number of companies in many different fields. One of these is a rental agent called thefuturelets who specialise in house rental Coventry for students, teachers and academics working at Coventry University.

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