Know the requirements basics for rent     

One of the biggest issues facing prospective tenants is the mismatch between processes, because while dealing with of a rental, it will depend on the landlords the documents and time requested to reach the signing of the contract. 

However, among the most common are:

✦ Official identification or valid passport for the duration of the contract.

✦ A proof of income, which can be a payroll or an updated statement of the last three months.  

✦ Guarantee of : is one that covers both to the owner as to the house in case the contract is not fulfilled. 

The vast majority of owners request a guarantee or guarantor with property in the same city, as an essential requirement. 

In case you do not have it, you can appeal for a second deposit equal to the amount of the , signing promissory notes or rental insurance contract, which indemnifies the owner for non-payment by the tenant for up to 36 months, among other benefits.

✦ Deposit: is the sum of money requested by the owner to ensure that as a tenant you will comply with the contract.  ;

The amount is equivalent to one month's rent. The amount is returned to the tenant at the end of the contract, as long as this has been clarified in the same document. Remember that sometimes certain damages caused during your stay can be taken into account. 

How do I search apartments for rent?

It is important that before starting the search process you identify a trusted real estate agency to facilitate the operation, as well as minimize the possible risks and conflicts with the rental.

To find the ideal property that meets all your needs, we recommend answering the following questions:

◉ What type of property are you looking for?

◉ How many rooms should the ideal property have?

◉ With or without parking? With or without terrace/balcony/patio?

◉ With amenities? Which ones?

◉ In which area can the property be located?

◉ What is your total budget? (Considering the deposit and advance)

◉ What is your monthly budget? Take into account the payment of basic services, your living expenses, in addition to the amount of rent.

Once you've located this basic information, you can begin your search. If you know the neighborhood, start with the nearby properties, ask neighbors and acquaintances about renting a house in the surroundings.  

You can also rely on real estate portals, which have filters by state, mayor's office, neighborhood, etc. which will facilitate the initial process.

In addition, among the benefits of using a portal like CondoTulum, is that the ads have all the contact information of the owners or real estate agents in charge of the rental operation.  

Tips for viewing a property

Don't settle for the photos in the ads, visit the apartment day and night, get to know public transport and decide if this investment is worth it or not.

Later, begin with the review and recognition of the property, this to avoid hidden defects that mean a greater expense for you.

It is essential that you check that the operation of the bathroom, electricity and gas supply are in optimal conditions.

Also, pay attention to the presence of moisture or cracks in the walls, examine the ventilation and notify the owner of any damage. 

Lease Agreement 

Once all the previous points have been reviewed, check that the document contains: the rental term, the price, period, address of the property, names of both parties (landlord and tenant), clauses, contract termination date, amount paid as guarantee, deposits, etc.

As well as the expenses, rights and obligations of the tenant and the owner. 

In CondoTulum you can find the best properties available for rent in the main cities of the country.