Don’t Forget To Ask These Questions to Your Future Tenant

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Selling/Renting properties online is easy-that we all know, but classifying genuine tenant from hundred random visitors is not as easy as it seems to be. When a prospective tenant visits your property chalk out a set of valid questions that you should ask to the person to find whether that person is a good fit or not for your property.

When you are ready to rent out your property to an unknown person, it’s really crucial to ensure that the future usage of your property is in the safe hands. Following questions can help save you the time and stress involved.

What is the reason you want change your present rented apartment?
Before anything else ask the reason behind shifting to a new property. Get more information about the valid reasons for moving. During interaction try to find out if there is any incidence of eviction from the current possession. Not always you will get honest answers from your prospective tenants, still you shouldn’t refrain from asking queries.

Ask about tentative moving-in date
Always check whether the tenant is in hurry to move in which may not be a good sign. Most landlords require prior notice of 30 days to do away with a lease. In case the tenant wants to move-in within a week, he may be contravening the contract with the existing landlord. A responsible tenant will start his search precendently of the shifting date.

The total number of occupants in the property (including pets)
Take information on the total number of occupants moving to the property. Your lease agreement should contain all the names of the occupants in it.
Monthly earning of your tenant
Though it’s not an easy question to ask, but it is also very important to have an idea about the earning of the tenant, so that you get your rents on time or really the person can afford the apartment or not. Ideally you should never rent your apartment to a person whose monthly income is less than 2.5 times of the monthly rent.
• To know about the financial position of your tenant ask-
• How long have you been into this profession? (Whatever his/her current profession is)
• What is your job role?
• Are you under any contractual job?
• What are your daily working hours? / Is there any rotational shifting?

What is the length of lease you are looking for?

Mostly lease duration is of 6 to 11 months for residential apartments. Ask your tenant about his/her preference. Ask him to pay one month’s advance rent and security deposit for your better security purpose while signing on the lease. In case the person looks hesitant while paying this advance amount, then you are likely to have a tough time having your monthly rents.

Things to remember

Avoid asking personal questions. Discrimination on the basis of age/sex/caste should be avoided.
Let the tenant also clarify his/her doubts regarding the lease contract.
Always ask for government id proof, bank acc details, office identification before heading towards any agreement.

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