Whether it is because you have an extra house or whether it is because you are a little short on money and want to make some easy money, if you have decided to give your house out on rent, then you need to read this article in its entirety. There are many things that you have to remember when you make the decision to give your house on rent. It is not an easy thing to do and there are times where you will be worried sick about your house and property. Therefore, read this article and gain some knowledge and some tips in how to give your house on rent and not worry about it.
Make a List of the Things in the House
Although this seems like a rude thing to do, as it is your house and your things you have all the right to make a list of the things you are giving with the house. This way, when you are taking the house back you will have a checklist. For an instance, if you are giving complete furniture packages when giving the house on rent, then ensure you have a database or catalogue with everything in it.
Draft a Formal Contract
The most important thing about this entire process is that you draft a formal contract. For an instance, you can have clauses in the contract that state that no changes can be done to the house without prior permission even if it is through interior design Dubai. You can have a clause that states that you have to be informed at all times. Draft this with the help of your lawyer so that it is a sound one.
Have a Specific Date for Rent Payment
It will be a good idea to have a specific date to collect your rent payment. This date should be entered in to the contract as well so that it is clear to both parties. When it is closer to the date, you might even want to remind your tenant that their rent is due so that there will be no unpleasant business if they forget to pay the rent.
Do Not Invade Their Privacy
Once you have given the house on rent, it is important that you do not invade their privacy. It is very important that you let them live their own lives. However, if they call on you then it is your duty to attend to their needs if it is regarding the house. Apart from that, do not go unannounced and do not invade their privacy.