Looking for a new place to live in, especially if you have never done so before, can be a nerve-wracking prospect, but one that many are enthusiastic about pursuing. You might find yourself spending a lot of time looking for that perfect property for rent on sites like PropertyGuru Singapore. However, because most people get so incredibly excited about renting their first house or apartment for the first time, they tend to see everything in a positive light and fail to prepare for any impending disasters that may come their way.
If this is also your first time looking for an apartment or a house to rent, then you might find yourself doing the same things. While it is easy to get carried away by our desire to own that dream property as soon as possible, it is important to make sure that you approach this pursuit with a clear head and sound judgment. With that in mind, here are a few things you must remember before signing any kind of lease.
Do Not Sign a Lease if It Feels Wrong to Do So
Have you ever had those moments when you are about to make an important decision, and for some reason you can’t exactly put your finger on, you feel like it will be a bad idea to go through with it? Though most people say you should think things through and not always act on your impulses, following your gut feeling often saves you from getting into situations that you may regret later.
According to The Fiscal Times, if you are not sure whether you might be about to sign a suspicious lease, you can take it to somebody who probably knows more than you do. You could bring it to an attorney who is an expert in these types of matters. You could also bring it to a friend or a family member who has had some considerable experience in renting a couple of properties in the past.
Remember that you have the most negotiating power before you have signed a contract, so use this to your advantage by fully reading the lease and asking questions about any part that seems unclear. After all, the moment you sign the lease, you become legally bound to pay the rent no matter what complaints you may have, especially if your complaints were not covered in the written contract.
Do Not Depend Entirely on Verbal Agreements
While we do not recommend that you look at every lessor as somebody who could possibly be trying to trick you, it is in your best interests to always be on your guard no matter who you are talking to, even if they are your friends.
It is incredibly easy for a person to claim that they did not agree to something if there is no concrete evidence of it for anybody to point to. The same goes for any agreements that have to do with the property that you want to rent. That is why you must make sure that anything and everything that you have discussed regarding your lease is recorded in writing as well as signed by both parties. This not only protects the person leasing the property to you, but it also protects you from any unspecified tricks as well.
If the person leasing the property to you refuses to put something you agreed on in writing, then consider it a red flag. They may not want you to have proof of your transaction so that they can later turn around and claim that you both agreed on something else.
Ask for Corrections Whenever Applicable
Not all lessors are out to get your money. Sometimes, they may just be first-timers like you who forgot to write down important details that a potential lessee would need. That is why if you run into any sentences that sound awkward or notice any crucial information that seems to be missing, do not hesitate to bring it up with the lessor.
However, make sure that you ask for these corrections in a respectful manner. Having a horrible attitude makes it that much harder for you to negotiate for something that you want to gain. After all, who wants to work with somebody who is rude or feels entitled to everything? According to Money Under 30, you have a better chance of getting what you would like if you position your question as something that will benefit both you and the lessor rather than something that is strictly seen as you against the other party.
Now that you have a better idea of what you might find yourself getting into, make sure to put these tips into practice so as to make your first renting experience a hassle-free and positive experience. If you must, you can even keep a short list of these tips on a small piece of paper, a notebook, or even as a note on your phone. Do not worry about being judged by your lessor as unprepared or as a newbie. Any self-respecting lessor will understand that you just want to make sure that everything goes smoothly, so go ahead and discuss as much as possible regarding your possible new home.
With the right amount of preparation and effort, you will soon find yourself with not just the perfect property, but a great lessor to conduct business with as well.