Things to keep in mind while renting out your property
If you are renting out a property for the first time, it can be a process that will bring with it a number of confusions and the fear that a tiny mistake can have serious repercussions if proper documentation isn’t in place. To make the process a bit easy and not so tiresome, we’ve listed out a few steps that you can take to safeguard your property while you rent it out. Generally, when the property owners give out their property on rent, the dilemmas generally revolve around the amount of rent to be charged keeping the tenant’s ability to pay, verification tasks and registrations queries related to the lease agreement, lock-in period, security deposit, etc. Also, without due diligence, renting out a property can become a nightmare. According to experts of the real estate industry, the most common problems that first-time landlords encounter after finding the right tenant for the property, are a delay in receiving rent, misuse of the property by the tenant, tenants r