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Showing posts with the label rentalagreement

Nimmadhi - Tenant Review

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Ways to form an apartment owner’s association

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An Apartment Owners Association (AOA) is an authority that protects the rights of the apartment owners, maintains the amenities in the apartment and works for the welfare of the residents of the apartments by conducting events or awareness programs. Apartment associations in India are formed by a voluntary association of the owners of a particular apartment in India. In almost every case the goal of the Apartment association is not to make a profit but merely to take the best care of the residents of the apartment and prevent them from suffering from discomfort. Therefore, you will commonly find Apartment Owners Associations (AOA) performing tasks like ensuring running water supply, providing power back-up facilities, preventing disputes between the apartment residents and having cultural activities and fests to foster good neighborly relations. Does the Association have to be registered? It is not necessary for the association to be registered but havi...

Stress free renovations

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Stress free renovations Having a renovation project for your home is never easy. Creating the home of your dreams need not be tedious. It can be overwhelming, as strangers are coming in and out of your house every day. It can be frustrating when some of the fixtures you have chosen are not readily available. No matter what though, keep your cool. In this two part article, we highlight ways on how you can go easier on yourself while your home is undergoing renovations. 1. Understand that this is just a renovation project. The results will only be as good as your input, budget and contractor. Your home will not be dramatically transformed after the renovation. There are possibilities and potentials, but you have to know the space limitations and even other limitations such as your plumping and electric wiring set-up. 2. Plan a proper budget for your renovation project. Once you have an ironclad budget plan, add 10% to that as a buffer. Then visit showrooms and see ho...

3 Tips for New Landlords

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3 Tips for New Landlords For those with the financial power becoming a landlord can be a lucrative scheme, bringing in a sizable income on a regular basis. However, the life of a landlord is not always as straightforward as many believe. With a little research and knowledge of the trade, landlords can ensure that they are seeing a solid return without putting in a large amount of regular work. Here, we take a look at three tips for new landlords to ensure that they are smart with their money and are able to get the most from their investment. Low Maintenance Properties Whether you’re keen to buy new for minimal hassle or are looking for a project to work on prior to letting, landlords should not overlook the importance of buying a low maintenance property . A property which requires regular work will not only prove costly over time but will cause disruption to your tenants and will detract from the letting value of that property as a result. A low maintenance, re...