We know you are looking for a good property for rent in Bronx, NY, but you should also understand that finding a reliable rental property is not an easy feat. There are certain factors to be considered before you take a call. You must get a house with a modest and empathetic property owner, you must know what your tenant rights are, terms and conditions around repairs must be take care of very well. Who will bear the cost of what, the rental agreement and so on; everything should be in tandem with the thoughts of the property owner and the tenant? Let us see how you must put your hands on to a rental property.
We know that moving to a new city can be daunting. Yet for many students, professionals, and families, it is an inevitability. The first thing you need to arrange while moving to a new city is to find a property for rent as your comfortable abode. If you can buy a house, there is nothing like it, but in case you want to rent a home, you might come across landlords who are adamant about the terms and conditions about rent, the increments, the repairs, and so on. To avoid being taken for a ride, you should be aware of your right as a tenant. Here are some things that you need to know before choosing your property for rent in Bronx, NY.
Rent and Increment
Rent of a property is determined by various factors such as location, age of the property, quality of construction and amenities, and so on. Generally, the rental value will range between 2% to 4% of the property value. A certain premium is also linked to the property value if the house is located in the prime location. When you rent a property, you must also decide the rate of increase is to be decided by the landlord and the tenant. The landlord cannot increase the rent in an unreasonable manner.
Basic amenities
Along with the conditions around rent and increment, it is also the landlord’s responsibilities to ensure that basic amenities are offered to the tenant such are regular water supply and electricity. In case the electricity or water supply is disconnected by the landlord, the tenant can file police compliant or approach the court.
Flat Upkeep
When a property is rented, it is the responsibility of the landlord to bear the cost of maintenance of the property and other related charges. Many housing societies collect maintenance fees and this should be given by the landlord only.
Robert Medrano is the author of this article.For further detail about Property for Rent Bronx Ny please visit the website.
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