Wednesday, July 19, 2023

THIS IS THE ONLY THING YOU MUST KNOW WHEN RENTING AN APARTMENT

Mind your space. And your lessors.


Not yet ready to get your own place? Sadly, it is the reality of middle-class families and individuals. The ease of getting a place is not yet there given the business conditions in the country.


There are a lot of developers targeting earners with the purchasing power for affordable houses that are in development, even in the pre-selling stage.  But high-interest rates in banks, lack of enthusiasm to lend financial assistance to families needing basic shelter, and the prevalence of difficulties in getting papers needed to process real estate investments, are some of the reasons real estate buyers cannot readily jump into the prospects of having new houses immediately. 


If buying is not yet an option, the real good deal is to rent a house in a reputable city with all the necessities available in building a family.


But forget your checklist of what to look out for in a rented house, there is just one basic seek-in information that lessees must know. 

 

The lessor or land owner should not live beside the same place you intend to rent out. 

 

It is no surprise that there are lessors who stay in their real estate property they rent out for reasons only they can declare. But as a starting family, a prospective lessee must know that there are a number of complications when getting a place where a landowner or lessor lives beside the property you rent, whether it is a few steps away from the house you would be renting on or in the same vicinity of your apartment.

 

Here are the reasons you must not settle for a house where the lessor lives in the vicinity of your unit or apartment:

 

·         THE LACK OF PRIVACY OF TENANTS. Living with your lessor next door is an inconvenient way to start a family. The lessor would have so much access to your day-to-day affairs, activities, and privacy as both would live in the same location. This fact guarantees familiarity both ways and same circle complications that can be disfavoring to the tenant’s interest and necessities.

 

By having a lessor living next door,  the tenant/s opens up their own family and individual realities that can be a breeding ground of loss of integrity both for the lessor and the lessee, as the former can easily impose a supervisory attitude towards the house property he/she is renting out.  PRIVACY is a big issue for tenants with lessors living next to them.



There will be a conscious effort to cloud the decision of the tenants by superimposing on the will of the lessee, how the property is maintained or kept, and the tenant/s could also be in constant scrutiny from the lessor whether or not the tenants’ actions is congruent to the lessors’ expectations.

 

 

Having a lessor next door could guarantee less freedom to move around the house for your family.

 

 

·         THE EXPECTED FAMILIAL CONNECTION IS ALWAYS THERE.  As tenants living next door, you must be prepared to mingle, elbow to elbow with the lessors’ family, and expect interactions with the lessors’ own circle of connections. As tenants, you must decide if such constant probability would be impactful to your need for family privacy, margins for freedom, and integrity. As we all know, too much familiarity and lack of privacy can interfere with the tenants’ rights when it comes to moving around, and personal decisions in how a household is maintained.  Expect comments whether necessary or not from the lessor, no matter how amiable the arrangement seems to be from the start. The lessor-to-tenant interaction is not always perfect as the lessor who lives nearby can also expect a little dose of familial support from the tenant once needed. This consequently affects the business integrity of the lessor in the face of its own tenants.

 

·         SHARED SPACE OR COMMON GROUND BETWEEN THE LESSOR AND THE TENANT CAN BE A CAUSE OF TENSION or cold disagreement between the lessor and the tenant, and this cannot be avoided. Since each family or each circle has been brought up differently and can show different attitudes about a lot of important issues where it concerns daily realities, a lessor can be vocal in asserting their own hard way of doing things, and superimpose on the preferences of the tenant that can affect individual freedom and choices.

 

THESE THINGS ARE NOT ALWAYS DISCUSSED OR EXPECTED IN THE OPEN since most enterprising businesses offer a very presentable façade in their customer or client relations.   But when it comes to renting an apartment, everything becomes personal or subject to hear-end comments, hence to avoid conflicts and disagreements when renting a place, interested parties must try all means to find the best route in having a home space rented out to others; while tenants must be prepared for the business and personal weaknesses of their lessors when it comes to daily interactions should living next door be an unavoidable option for the tenant/s.

 

This business article is open to advertisers’ input and advertorials. Please feel free to direct message this writer or respond to this open call for sponsored articles about real estate, house renting, budget homes, etc.

 

Thank you.



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