TheOakland CityScoop

Commercial Real Estate News
Oakland, CA

What You Should Check in a Rent Lease Agreement before Renting Residential Property in East Bay

SYNOPSIS: If you are looking for residential rental property in East Bay, you aren’t alone. With prices sky rocketing in the city center, tenants are moving out from San Francisco to the Peninsula region and East Bay. And one of the most crucial steps in havin
BY: ,
If you are looking for residential rental property in East Bay, you aren’t alone. With prices sky rocketing in the city center, tenants are moving out from San Francisco to the Peninsula region and East Bay. And one of the most crucial steps in having a hassle-free rental experience is to ensure that you check the rent agreement carefully before signing. Here’s a look at some of the important things you should check for before signing.

Top Points to Check in a Rent Agreement for Residential Rental Property in East Bay

lease agreementWhile shortlisting potential rental homes in East Bay, make sure you conduct a thorough examination of the property. This means that you should check that all the plumbing, electrical outlets, appliances, etc are in proper working order, the doors and windows are well insulated and open and lock easily, there is no existing damage to or dispute about any part of the property. Once you are convinced that this is the home you would like to live in or bring your family to, you need to look at the lease agreement.
  • Lease tenure: The very first thing to check is when your lease begins and ends. Check for restrictions on use of any facilities, areas, etc and whether there are any conditions related to moving into or out of the property. Also, check whether the lease can be renewed/extended when the end date approaches and for how long. Don’t forget to check the notice period required to break the lease for either party.
  • Calendar marked to show rent dueRent payment and increases: Check the date on which you will be expected to make the rent payments. Do you need to send the rent to a specific address? Is there a grace period before the rent is considered late? What is the late fee? If you extend or renew the lease, what kind of rent increases should you expect?
  • Deposits: Most landlords in East Bay expect an upfront security deposit of at least one month’s rent. However, you should check whether the deposit amount will vary if there are pets or whether there is any additional amount you need to pay for move-ins, damage, etc.
  • lease agreement East BayMaintenance and repairs: There will be times when appliances need to be repaired or there is weather damage to a part of the property that needs to be fixed. You should know beforehand whom you need to contact in such circumstances and what process is to be followed if there are major repairs or renovation needed. Some landlords might expect the tenants to take care of day-to-day repairs and maintenance and only come in when a big repair job is indicated.
Many landlords in the East Bay region have property managers who take care of the tenants’ needs. If this is the case, you need not worry about having repairs done on time, sending in rent payments, etc. PropertyResidential rental property East Bay managers in East Bay strive to make the experience hassle free for both the landlord and the tenant.

“Best Commercial Real Estate Agent in Oakland, CA”

Top Rated Local Commercial Real Estate Brokerage / Agency / Company

Oakland, CA

Recent

“Best Commercial Real Estate Agent in Oakland, CA”

Top Rated Local Commercial Real Estate Brokerage / Agency / Company

Oakland, CA

CityScoop is the top ranked local business news network in the United States. Established in 2008, CityScoop has been providing local communities with high quality news about local businesses and their most recent projects.

About Cityscoop
ABOUT THE AUTHOR

LOCAL EXPERT

AUTHOR & CONTRIBUTOR
Profile Avatar

Leave a message

Recent

Top Tips for Renters Looking for a Single Family Home or Apartment in East Bay
Sep 16, 2014
With more and more people choosing to move away from the city center due to the sky rocketing rental rates, Ea…
How to Set and Collect Rent: Top Tips for Fremont Rental Property Management
Sep 8, 2014
The lure of being a landlord, despite all the stress that goes with it, is primarily due to the rental income …
Make a Green Move: Top Tips for an Environmentally Friendly Relocation
Aug 21, 2014
If you are waiting for more signs that our environment needs help than the weird weather across the world, it …
Aug 1, 2014
If you are looking for residential rental property in East Bay, you aren’t alone. With prices sky rocketing in…
How to Make Your Home for Rent Energy Efficient & Eco Friendly
Jul 22, 2014
It doesn’t take years of experience as property managers in East Bay to realize that homes that are more energ…
How to Keep Landlords Living Away from San Francisco’s East Bay Happy: A Case Study
Jun 29, 2014
What happens when you own a home in East Bay, San Francisco but live in Westport, Connecticut? It can be diffi…
The Ultimate Fremont Residential Property Management Summer Checklist
Jun 25, 2014
With temperatures soaring in Fremont, it is time to check whether your residential property is in good shape t…
Top Tips on Selling Your Home for the Best Price in Sunnyvale, CA
Jun 15, 2014
Data released by the National Association of Realtors® shows that existing home sales rose for the first time …
Making Renting of Single Family Homes in Hayward, CA, Simple and Easy: A Case Study
Jun 15, 2014
As a full-service real estate and property management company, we at ACL have been serving the California prop…
Can Mortgage Breaks Boost Home Ownership? - Oakland, CA
Jun 1, 2014
While the government has initiated various schemes to help boost home ownership, the reality is that federal t…

ABOUT THE AUTHOR

Author bio information not available!

QR CODE

Top Tips for Renters Looking for a Single Family Home or Apartment in East Bay