Renting a Condo – Steps to Avoid Any Future Problems

Apparently, renting a condo is similar to renting a house or an apartment, but there is some difference. If you plan renting a condo, you need to take into consideration not just the lease but also the legally applicable rules applicable to the whole condominium complex. Generally, these rules are somewhat applicable to your everyday life, but you are not likely to get voting rights for the meetings of the homeowners association. I will recommend you over to Best Renting a Condo in Bangkok. It will help you to know the likely problems you may have if you ask certain questions:

1. Before making a final decision of staying in a condo, you should evaluate the complex. Everybody owning a condo in the complex, including your prospective landlord, is required to make a monthly subscription for taking care of the maintenance of the buildings and grounds of the complex. There could be some management problems or some owners of condos may not be paying their subscription, as a result of which maintenance expenses for the complex could be more than the total subscription of all owners.

2. Inspect the condo independently. Ensure that its area would suffice your requirements. It is important to check for any damages and bring it to the notice of the concerned for getting it repaired. For any omission on your part in this regard, you may be asked to pay subsequently.

3. Inquire if you are permitted to accommodate housemates, and if yes, ask how many. Other than the prevailing local laws, certain condo complexes prescribe their own limit to the number of persons that can be accommodated in each unit.

4. Get the details of the parking facilities, like how many parking places would be assigned to you and their location, as well as the parking space for your guests. Parking spaces are often a major cause of trouble for tenants who are unaware of the rules to be followed and the restriction imposed on parking facilities.

5. Another frequent cause of trouble for tenants is keeping their pets. It may so happen that the landlord won’t object to keeping pets, but the rules and restrictions of the condominium’s association may have certain restrictions pertaining to the type of pets you may keep and their number and size.

6. Before signing any formal agreement, you should ask for a copy of the restrictions and conditions of the association. This would save you from making any unintentional violations, resulting to penalties according to the rules of the association.

7. Go through all the rules and regulations to know if there is any that won’t suit you. Examples would include the use of public areas, swimming pool, club house, noise regulations and the procedures for the disposal of trash. In case you intend working outside of your condo, ensure that your clients are allowed to come regularly. Also find out who exactly is responsible for taking care of maintenance of different types.

8. Ensure that the lease matches with the terms and conditions and point out any discrepancies to the landlord prior to putting your signature on the lease.

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