Laws dictate the rights and obligations of the tenant and landlord. Other than that, there can be vocal agreements between the two parties. Disputes may arise between the two which may require taking the help of law to resolve.
A lease agreement is signed between two parties where one party agrees to occupy a property owned by another for a specified duration of time (11 months) for which he will pay an agreed upon amount of money as rent. The rented property must meet certain minimum standards. There are also minimum legal standards for the property’s structural condition, ventilation, lighting and fire safety. Apart from the above, there are set rules for waste disposal and electricity use. Responsibility of enforcing the rules rests with the owner of the property. The tenant has to maintain the property at the minimum standards set by the local laws, just as it did at the beginning of the tenancy and throughout it. Any deficiency or deterioration if suffered should be brought to the notice of the landlord. It is good to take pictures at the beginning of the property which can be produced as evidence later when the degradation happens. At the very outset, both parties should communicate their expectations and understand each other’s duties and responsibilities. Once the rental agreement has been signed, the lessee is under the obligation to obey the agreed upon points. The landlord is responsible for ensuring emergencies, repairs and complaints are handled in a timely manner.
In Bengaluru, the usual practice is to charge ten months rent as deposit which remains in the custody of the owner. This amount is supposed to be returned to the tenant upon termination of the lease, provided the tenant has chosen to vacate. At times, certain guidelines may be laid down by the property owner, specific to the property and these are made known to the lessee through the agreement. Properties that have amenities such as swimming pool and gym have such guidelines that should be followed by the lessee in order to ensure that the services or facilities remain in prim condition and are not damaged. Such amenities are shared and hence each occupant should take steps to follow the guidelines. SANGAU in Bengaluru is a Property Management and Rental services company that helps professionals based in the city find a rental accommodation. Professionally managed properties always allow the occupant to rent spaces that meet their demands, rent or otherwise. Visit www.sangau.com for more details. Email: [email protected] Call: +91 7816 988 988 / +91 78997 48170
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AuthorSANGAU is a Property Management and Rental company with operations in Bangalore. We are in operation since 2007 and provide services to property owners and tenants. Archives
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