Whether you’re looking for a project to invest in such as the Meraas Bluewaters Residences, Emaar Dubai Creek Harbour or Port de la mer apartments or are looking for a ready-built project to move into, house hunting is a very stressful process.
When most people find a house that suits their needs, they are tempted to sign the lease hurriedly before the unit finds another person. However, it is very important to ask the landlord certain questions before signing the agreement. This will help you know what you are getting into.
Here are some important questions to ask the landlord:
1. What is the application process?
Many landlords require their renters to be in a certain financial position. In fact, a majority of landlords do a background and credit check on their renters. Ask the landlord which pieces of information you need to provide. For instance, some landlords may require you to provide your past rental payment statements. Also, make sure you have fully understood all the screening and application fees involved.
2. Which utilities is my responsibility?
It is very important to ask the landlord which utilities are included in the rent. In some cases, rent covers for utility expenses such as water and electricity. However, others leave the renter to take care of all the utilities. If the landlord does not take care of the utilities, you should know that there are many variables factored when calculating the cost of utilities such as the footage of the house.
3. When will the unit ready for occupation
It is good to know the exact time the unit will be ready so that you give notice on your current residency on time. If your moving time is earlier than the unit is available, you can make arrangements like subletting another house before the unit in the meantime.
4. What are the repercussions of breaking the lease?
Anything can happen that can require you to vacate the unit before the lease agreement is ended. For example, you might get a job offer in another region that may require you to move unexpectedly. No matter the reason, ask the landlord what will happen when you break the lease.
5. Is it possible to extend the terms of the contract
Moving is very stressful, costly and time consuming. If you are absolutely in love with a particular unit, you can ask the landlord whether it is possible to extend the term of the lease.
When renting a property, it is advisable to involve a real estate agent. There are several credible Dubai real estate agencies that can provide you with the best agent.