Renting a home or apartment can bring a lot of joy to your life. However, before you get too excited, you need to realize there are some mistakes that you need to avoid at all costs.
Here are some of the more common mistakes, all of which have plagued renters before you:
- Neglecting to review the lease in great detail. The lease you sign is an agreement between you and the landlord. You need to fully understand the details, as you never know what could come to light in the future.
- Renting before you see the property in person. Even if there is a lot of interest, you don’t want to make this mistake. You need to see the property yourself before you sign on the dotted line.
- Forgetting to document the condition of the property. You need to make it known to the landlord if anything is wrong before you move in. This way, you aren’t accused of causing any damage when the time comes to move out.
- Passing on renters insurance. You may assume this is a waste of money, but nothing could be further from the truth. Just the same as home insurance, a good renters policy will give you peace of mind.
These are some of the many mistakes you need to avoid as a renter. It may not be easy, but once you know what you’re doing, everything will come together.
If you find yourself in a dispute with your landlord, pinpoint the cause, learn more about your options and do whatever you can to protect your legal rights.
Source: U.S. News & World Report, “5 Mistakes Renters Make,” accessed Feb. 15, 2018