Buying property and renting property are not so different after all except for the fact that in the latter, you only get possession temporarily. But the same amount of work and effort goes into renting, since there are vital things to be considered before signing that lease or agreement.
>>>City spaces are prime hot property since there is no more space available to expand, which in turn affects the cost. Suburbs are far away from these prime locations, which makes them a cheaper alternative.
>>>Ask for all documents: As a tenant, you can ask for the documents like title of the said property, maintenance receipts and more to verify that the property belongs to the owner.
>>>Renting a property is just as big an investment, as compared to buying one. There are many important factors to be considered, even if your stay is temporary. Especially when you are moving in with your family, you have to ensure the following.
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>>>Check with the property inspector: You will have to hire a property inspector in case of a very old property to assess and confirm whether it is safe to occupy.
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