Rent Agreement Tips: Make sure to include these 10 things in the Rent Agreement..

It is not easy to buy a house in today's time. In such a situation, most people prefer to live on rent. However, when you rent a house, you have to enter into a rent agreement with the landlord. Whenever a residential property is rented, the landlord i.e. the owner of the house includes the necessary clauses in the rent agreement so that the tenant cannot cheat him. Many times people make some mistakes in the rent agreement, due to which they face problems later. Let us know about some such points, which the tenant must include in the rent agreement.

1- How much is the rent of the house?
The most important point of any rent agreement is the rent amount. The rent amount in the rent agreement must be correct. You have to pay this amount. If the correct amount is not written in the agreement, then it can cause problems between you and the landlord. It is important to decide beforehand whether the rent includes maintenance fees, parking charges, etc.

2- Security Deposit
All the landlords take a security deposit from the tenant so that if any damage is caused to the property due to him, it can be compensated. This also benefits the landlord that if the tenant fails to pay his rent, that money will be deducted from the security deposit. Although the amount of the security deposit is also shown in the rent agreement, while agreeing, make sure to write about taking it back. The tenant should include this thing in the rent agreement that when he leaves the property, the landlord will return the amount of the security deposit to him. If any damage is caused to the property due to the tenant, it can be adjusted from this.

3- Lock-in period and rent agreement termination
The rent agreement should give equal time to both parties within which they can give notice to leave the house. The tenant should negotiate the notice period in the rent agreement as per his convenience. Some rent agreements also have a lock-in period under which the rent agreement cannot be terminated before that. In such a case, even if the tenant leaves the house midway, he will have to pay the entire amount. Such conditions are often kept while making lease deeds in commercial properties. However, if you are buying a residential property, then such conditions should be avoided and if there is such a condition, it should be removed. If it is decided that you have to stay there for a long time and cannot leave the house before that, then you can also include a lock-in period in the rent agreement.

4- Normal wear and tear
The agreement should clearly state what kind of damage the tenant will be responsible for. Make sure to include this clause in the rent agreement that the tenant will not be responsible for normal wear and tear, the tenant will have to pay only in case of major damage. When living somewhere for a long time, there are some normal types of wear and tear, for which the tenant should not have to pay.

5- Complete list of facilities available in the house
When you get the rent agreement made, make sure to include a complete list of facilities available in the house. Include all the equipment provided in the house in it. If this is not done, you may face problems. It is possible that you were given fewer facilities in the beginning, but due to some misunderstanding, the landlord may feel that you were given more facilities. In such a situation, the landlord can recover the equipment from you, which he will not be able to see. For example, it is possible that you got the facility of a geyser in only one bathroom, but later the landlord can say that he had provided geysers in both bathrooms.

6- There should be no outstanding dues
When you get the rent agreement made, make sure that there is no outstanding bill on the house you are renting. It could be an electricity bill society maintenance or water bill etc. If you do not set rules regarding this in the beginning, then you may have to pay it too.