What to Expect in a Tenant Approval Process When Renting a Home
Now that you have determined your rental budget and identified the neighborhood you want to resident in, and have found the home you want to rent; what next? At least, you are almost done with the process of finding a rental home, however, your landlord or property manager who acts on behalf of the landlord would want to work out an approval process. For rental homes in Phoenix, here is what to expect in the tenant approval process:
A Background Check
After you have found the property to rent, a property management company or landlord will want to run a background check. This is typically done to ensure that you are the right cadre of tenant they want to deal with. So, you will get an application that authorizes the property management company to do a background check. You should be prepared for this so that you don’t raise suspiciousness to the landlord or property management company.
If your background has been accepted, you will need to negotiate the lease. A contract that spells out the terms of rental will be provided. This contract has details such as the beginning and end of the lease, how much you should deposit, rules regarding the use of space, and what is included and what’s not, for example utilities.
The Dos And Don’ts
This is not your property, you are just renting the space and so there are rules to be adhered to. You need to know the dos and don’ts so that you avoid disputes and conflicts with the rental property owner. For example, you want to know issues regarding “normal wear and tear” and “excessive wear and tear.” Although these may vary from one property owner to another, it is logic to know what is acceptable and what is not.
If you have holes in walls that were caused by the heavy piece of art you installed or mounted, that may be seen as excessive wear and tear. Remember that the landlord has a deposit you paid and if there is any damage that is beyond normal wear and tear, that amount could be taken from you to cater for the repairs when you are moving out.
If you need rental homes in Phoenix, these are some of the things that you should know regarding the approval process. Knowing what is expected of you when renting a property helps create a mutual understanding between you the tenant, and the landlord. Like us on Facebook.
Are you in search for a rental home in Phoenix? You can work out the process by contacting an expert in rental homes in Phoenix. Visit http://www.phoenixpropertymgmt.com/ for more information.