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Things to consider before renting your property in Edinburgh

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  • Things to consider before renting your property in Edinburgh

    In most cases, we decide to rent property to earn a definite amount of money every month. However, always consider that renting a property in Edinburgh is not simple as it looks. Before you decide to rent your property in Edinburgh, here are some things that you should remember:
    • Decide the rent
    Before deciding the rent amount find out the prevailing rental rates in your area. You can also charge a higher amount for your property if furnished. Like all sellers providers, you also have to advertise to find takers. You can choose the letting agents for your property.
    • Draft a rent agreement
    A rent agreement with all details is a must when you let out your property.
    • Register the agreement
    If you want your agreement to be non-void & valid, get it registered.
    • Get the tenant's police verification done
    Police verification tenants are just not only a legal obligation but also need for your own safety.
    • Ask for security deposit
    A security deposit is an important mean to secure your property.
    • Discuss dos and don't
    Always discuss your terms & conditions with your prospective tenant.

    Hope these things are helpful for you!
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