Avoid the Pitfalls of Leasing: What to Check Before Signing

Signing a lease is a significant step, but rushing into it without understanding the details can lead to future challenges. Whether you’re a tenant moving into a new home or an office space, it’s essential to scrutinize the lease terms to protect your rights and avoid unpleasant surprises. Here’s what to look for:

1️⃣ Security Deposit Clauses
The lease should clearly outline how and when your security deposit will be refunded. Check for any conditions that might lead to deductions and ensure they’re reasonable. A transparent agreement protects your finances when it’s time to move out.

2️⃣ Maintenance Responsibilities
Understanding who is responsible for repairs and maintenance can save you headaches down the line. Clarify whether it’s the tenant’s or landlord’s duty to fix plumbing issues, electrical faults, or general wear and tear.

3️⃣ Early Termination Fees
Life is unpredictable, and you might need to end your lease early. Ensure the lease specifies the costs or conditions tied to early termination. Knowing this in advance can help you avoid costly surprises if plans change.

4️⃣ Rent Escalation Clauses
Many leases include terms for potential rent increases during your tenancy. Pay attention to how frequently rent can increase and by how much. Understanding this helps you budget effectively.

At Aquantam Property Realtors Limited, we specialize in simplifying lease agreements, ensuring tenants and landlords understand every detail. Our goal is to create fair, transparent leases that work for both parties.

Don’t sign blindly—let us guide you!

📞 Call us at 0700224455 or visit Aquantam Property Realtors Limited to decode the fine print and sign your lease with confidence. Your peace of mind is our priority.