7 Things You Should Know before Renting a Condo

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http://www.shorepro.com | Thinking about renting a condo? Don’t sign a lease without considering these 7 important tips.

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7 Things You Should Know before Renting a Condo:

7 Things You Should Know before Renting a Condo

Location:

Location Is it desirable all year long, or is it some place people only visit d uring certain times of the year? If you want to rent your condo out during the year, the location must be able to draw people all year long, and you will want time to enjoy it yourself. The first thing you must consider when renting a condo is the location.

Look at the Fine Print:

Look at the Fine Print Never sign a lease agreement without reading the fine print. You may discover hidden fees or regulations that you weren’t expecting. Also, there may be landlord duties that you’re unwilling to fulfil or can’t fulfil if you plan on renting your condo or only using it at certain points during the year.

The Rules:

The Rules For example, does the condo rental you have in mind allow pets? Or do they have policies about painting or decorating? Read the rules and regulations carefully before agreeing to a lease They might not allow you to own or do certain thins to your vacation rental.

Additional Fees:

Additional Fees Think about other fees that will also drive up rent. Some things can include: Internet Fitness Center Fees Maintenance B e wary about hidden fees. The rent on your vacation rental might seem reasonable, but have you factored in things like gas, water, or garbage?

The Minutes:

The Minutes Before committing to a lease agreement, read the minutes of the condo association. This will give you an idea of what you can expect from your neighbors. Reading the minute can tell you if certain neighbors will cause problems or make living in the condo stressful or awkward.

Maintenance :

Maintenance Maintenance is often included in condo rentals and purchases, but it will cost extra. This means paying another fee. If maintenance isn’t included, that means you’ll have to do it yourself or hire someone separately to take care of your lawn while you’re out of town If maintenance isn’t included and you don’t live in the area, try working out an agreement with a neighbor.

Choose Your Condo Location Wisely:

Choose Your Condo Location Wisely Above all, choose your condo location wisely. You’ll want to enjoy it for many years, so make sure it’s the perfect fit for you and your family.

Shoreline Properties Inc.:

Shoreline Properties Inc. Mailing Address Shoreline Properties, Inc. 6808 Coastal Hwy. Ocean City, Maryland 21842 P hone Numbers: Office : (410) 524-6688 Toll Free: (800) 492-5832 Email: rentals@shorepro.com

Presentation Summary:

Presentation Summary Thinking about renting a condo? Don’t sign a lease without considering these 7 important tips.

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