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Essential Tips Every First Time Landlords Should Know
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Who is a Tenant?
A tenant is a person who rents a place to live or use from someone else, called the landlord. The tenant pays money, that's the rent, and follows rules set in an agreement with the landlord. What are Tenant Protection Laws? Tenants in India are protected under various laws and regulations that provide them specific rights and responsibilities. Understanding and exercising these tenant rights & responsibilities is crucial for ensuring a fair rental experience.
According to Tenancy Laws in India, it is essential for both the tenant and the landlord to have a written lease agreement that outlines the terms and conditions of the tenancy, including the rent amount, duration of the lease, and other relevant clauses.
Landlords are responsible for major repairs and maintenance of the property. Tenants should inform landlords of any necessary repairs in a timely manner.
Tenants are entitled to an adequate notice period before termination of the tenancy. They cannot be asked to vacate the premises within a day. This gives tenants time to find a new place, although the notice period can be adjusted by mutual agreement.
Tenants have the right to be reimbursed for any essential repairs they undertake. If the landlord doesn't make the necessary repairs, the tenants can fix them themselves and adjust the same in the monthly rent from future payments. Tenants should keep receipts of the repairs for reimbursement claims.
In case of the tenant’s death, the legal heirs are entitled to inherit the tenancy rights. This ensures protection of the family, allowing them to continue occupying the rented property under the same terms and conditions as the original tenant.
Rent increments for residential properties in India typically follow a 5-10% annual increase. However, by no means this is fixed, parties may agree upon different arrangements as well. In case the tenant is not comfortable with a certain rent hike as proposed by the landlord, then the tenant has the right to refuse or reject renewing the agreement.
Tenants have the right to be notified if the landlord decides to sell the property. This ensures that the tenants are aware of any changes in ownership and can prepare accordingly. The new owner is obligated to honor the existing lease agreement and the tenant’s rights.
Tenants have the right to privacy in their rented premises. Landlords cannot enter the premises without any prior notice and the tenant’s consent, except in cases of emergency. This ensures that the tenants can enjoy their living space without any interference.
Tenants have the right to protection from unlawful eviction. Landlords must follow the process as mentioned in the Rent Control Acts or the lease agreement. This includes providing a proper notice. Forced eviction is illegal and tenants can seek legal help if caught in such situations.
Tenants are entitled to the refund of their security deposit at the end of the tenancy. Landlords can deduct from the security deposits for any damage caused to the property beyond normal wear and tear.
Conclusion:
Tenants should be aware of their rights and ensure they have a clear and legally compliant lease agreement. These rights not only safeguard tenants but also promote a harmonious landlord-tenant relationship. Tenants should be well-informed about their rights and responsibilities, seek legal advice when necessary, and maintain open communication with their landlords to resolve any issues amicably. By being aware of these rights, tenants can ensure a secure and comfortable living environment.
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