{"id":22213,"date":"2013-08-05T18:57:51","date_gmt":"2013-08-05T13:27:51","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=22213"},"modified":"2020-06-15T03:49:53","modified_gmt":"2020-06-14T22:19:53","slug":"precaution-to-take-before-renting-out-your-property","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/precaution-to-take-before-renting-out-your-property\/","title":{"rendered":"Precautions to Take Before Renting Out Your Property"},"content":{"rendered":"

\"for-rent\"While renting your house to any tenant one must be extra careful to avoid tenant refusing from vacating the property once the lease period is over. The tenant you are renting your place to be it known person or trusted person one must follow all the legal procedures to avoid any possible issues. Blindly trusting brokers and tenants, cutting corners etc give rise to the issues like the tenant refusing to vacate the place, though the rent period has expired.In such Dilemmas, owners have to go through various legal and personal complications to get the tenants out from their properties. The owner should follow some precautions before renting the property, following these cautions is the only way to avoid owner-tenant issues.Many property owners had such issues in the past and many are still going through such issues, the best way to avoid such issues from arising is to follow simple provisions while renting your property<\/a>. Give your property in safe hands by following theses simple dos and don\u2019ts.Background Checks<\/strong>Although the tenant has come through an agent or he has directly contacted you, it is very necessary to verify his background before renting your property. Nowadays it is okay if you enquire about the tenant with his\/her old owner or you can also ask for the reference certificate from the previous owner. More importantly make sure that you ask for valid permanent address proof, his\/her office address, and various other documents. Collect all the required documents while renting the tenant with proper rent agreement.Register your lease agreement<\/strong>The lease agreement is necessary if you are renting your property for more than 11 months otherwise the rent agreement is not a mandatory thing. The lease agreement contains details like tenure of the agreement, rent details, deposit details, and any other clauses entered through the consent of both owner and tenant of the property. The rent agreement<\/a> which includes a period of more than 11 months must be registered according to the process. The registered lease agreement provides additional security to the land owner in case the tenant refuses to vacate the property.Police verification<\/strong>Sometimes background check can also be done with help from the police department. You need to get a police verification done by the police department officials on the tenant to-be. The tenant verification from the local police station is mandatory for landlords and ignoring this provision can serve you for a punishable offence under section 188 of the Indian Penal code. To get the police verification done, landlords need to fill the application with tenant\u2019s details; this form is available online in several states of India. The form should also comprise of the Photo and copies of various documents like Pan Card, address Proof along with the lease agreement.The verification of the tenant from the police station reduces the risks of renting out property to an individual with a criminal background. The copy of police verification certificate should also be submitted to the housing society where the property is situated. In Delhi, about 49 various complaints were registered about the errant property owners and their tenants in 2013.Have a brief idea about the income:<\/strong>Asking your prospective tenant about their income can be quiet personal and touchy subject but it is good to have an idea about their earnings. No landlord would like if the tenant pays rent late or avoids the payment hence it is very essential to request for a normal credit note, so that you understand whether the tenant is capable of paying rent or not. You may find it a bit uncomfortable, but it is a professional approach. Your tenant should be your income source and not a liability.\u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0431\u0435\u0437 \u043e\u0442\u043a\u0430\u0437\u043e\u0432 \u043a\u0440\u0443\u0433\u043b\u043e\u0441\u0443\u0442\u043e\u0447\u043d\u043e<\/a>\u0432\u0437\u044f\u0442\u044c \u043a\u0440\u0435\u0434\u0438\u0442 \u043e\u043d\u043b\u0430\u0439\u043d<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

While renting your house to any tenant one must be extra careful to avoid tenant refusing from vacating the property once the lease period is over. The tenant you are renting your place to be it known person or trusted person one must follow all the legal procedures to avoid any possible issues. Blindly trusting […]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[445,433],"tags":[],"class_list":["post-22213","post","type-post","status-publish","format-standard","hentry","category-legal","category-tips"],"blocksy_meta":[],"yoast_head":"\nPrecautions to Take Before Renting Out Your Property -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bharatestates.com\/blog\/precaution-to-take-before-renting-out-your-property\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Precautions to Take Before Renting Out Your Property -\" \/>\n<meta property=\"og:description\" content=\"While renting your house to any tenant one must be extra careful to avoid tenant refusing from vacating the property once the lease period is over. The tenant you are renting your place to be it known person or trusted person one must follow all the legal procedures to avoid any possible issues. 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