Renting a furnished house or apartment is a bit scary for landlords. You’re excited to earn some extra cash, and you’re also anxious if everything will be okay or not. The same goes for tenants. They are excited as well as nervous while moving into a furnished house for rent in Lahore.
The study shows that first-time renters go blind in the renting process and complain afterward if they face any problems. That’s why IHA rent thought of educating the audience with some important asked questions to stay relieved when they hunt for furnished houses/apartments for rent.
Here is the list.
1-Do you have to pay a full advance payment for the whole year?
Generally, landlords want to offer a lease for a whole year, but you can actually go for a six-month lease period for furnished apartments in Lahore. It depends upon the renters’ needs. If they want to try out the accommodation and then decide to stay for a long time or they have a job that requires changing locations frequently, you should go for six months. A month-to-month lease period is also favorable in such situations.
2-Do longer Renting Contracts save More than Short-Term Lease Periods?
There is an opportunity to save money if renters sign the dotted line for a long-term lease period. Landlords generally offer discounts and even spare extra cash if you pay upfront.
Landlords won’t have to run after renters for cash and their renters stay for a longer period. Thus, it’s a win-win situation for both. Renters should ask for it.
3-Do you have to pay for renter’s insurance?
Adding more expense on top of the monthly budget is absolutely not thrilling, but God forbid if there occurs some mishap, who will be responsible for repair or pay for the damage? Furnished apartments for rent in Lahore are pretty safe and constructed over modern architectural frameworks. However, accidents can happen anytime, and tenants must be sure about these expenses.
The good news is that renter’s insurance is not much, and you can actually afford to pay it within your budget.
4-Do you have to pay extra cash for amenities?
If you’re moving to a ready-to-move-in furnished apartment, there might be extra charges for amnesties along with the monthly rent. Renters should be clear about their financial obligations. It is always smart to be aware of the expenses before signing the deal.
5-Will you pay for the basic utility bills?
Some landlords add monthly bills to the rent, but some ask renters to pay by themselves. Whatever it is, know about your bills so as not to be surprised at the end of the month.
6-Are there any rules for the apartment/community you live in?
Some furnished houses/apartments in DHA have rules like silence hours and no-pet policies. Not abiding by these rules can have you paying a fine. Not to be worried, most of them have full freedom, but some might have a little restriction.
7-How much do you have to pay if you break the lease?
It is better to stay for the complete lease period, but sometimes, there is no option to not break it. Learn about the lease-breaking policies and how much you have to pay. This will help you to know what to expect if you make this sudden decision.
These are some of the important questions that renters must ask their landlords to avoid any inconvenience and trouble afterward as knowing beforehand about the contract is always better.
Would you ask these questions from your landlords, tell us in the comment section below.