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House Rental
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House renting refers to the process by which an individual or family rents a property from a landlord for a specified period. This transaction involves signing a lease agreement, which outlines the terms and conditions of the rental. Here are some key aspects:
Key Aspects of House Renting
- Lease Agreement:
- A legal document that details the rental period, rent amount, security deposit, maintenance responsibilities, and rules for both the tenant and landlord.
- Rent:
- The payment made by the tenant to the landlord, typically on a monthly basis. Rent amount can vary based on location, size, and amenities of the property.
- Security Deposit:
- A refundable amount paid by the tenant at the start of the lease to cover potential damages or unpaid rent. It’s usually equal to one or two months' ren