9 Things To Consider Before Signing A Lease

9 Things To Consider Before Signing A Lease

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Paradigm Leasing

Paradigm Leasing

Negotiate the terms and conditions:Rental agreements should be negotiated such as reduction in rent, change or addition in the terms of lease, no matter it is leasing mall Malaysia or any other, however, be polite and professional in your visits and conversations. Be respectful but don’t hesitate to ask questions about what you want.

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You sign the lease; you are stuck until the term is up:

Lease is a legal commitment between two parties; therefore, you should make it clear what you are getting before signing the lease.


Make clear about the pre existing damages in the leasing contract:

You can be responsible for pre existing damages that are not mentioned in the contract such as stained carpets, broken blinds, or missing tiles. Therefore, make it clear about the pre existing damages in the contract to prevent you from losing your security deposit or any other charges for its compensation.


Rent may cover more or less than you think:

Some companies include bills in rent and you need to pay a single amount each month. However, some may add charges for On-site gyms, parking etc. Therefore; make it clear what is included in rent or what is not, whether the amount of rent is fixed or not.


Customizing can cost you:If you want to bring some changes in the shop you are going to lease, ask permission before signing the contract otherwise the landlord can consider it as “damage to the property” and can fine you.


The pet policies:If you have pets and you want to bring them in the leasing mall Malaysia or in any other property, ask before signing the contract, whether they allow you to bring in the pets or not.


Your lease may automatically renew:If you are renting on month to month basis, your lease contract may include an automatic renewal clause. For a lease renewal clause, landlord notifies that you need to renew the contract if you want to continue or you need to notify if you do not intend to renew.


The out clause:Read the lease termination section of leasing mall Malaysia agreement to know what will happen if you move before your lease expires. You may lose your security deposit or you may be legally responsible to pay for the remaining months’ rent.


Have everything clear in writing:Before signing a lease, make everything clear in the form of writing and include it in the leasing contract because if it is not written, there is no proof of what was said verbally.


http://www.paradigmleasing.com.my/

9 Things To Consider Before Signing A Lease

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