[Novice Teaching]4 tips to teach you to be a smart charterer | Hong Kong 香港

The economic environment is unstable. As a landlord, there is nothing more worried about than if the tenant is unemployed and has no money to pay rent. It is not just luck to meet a good tenant. How can landlords protect themselves? Here are 4 tricks to teach you, let’s be a shrewd charterer! Looking for tenants is too lazy to look for tenants. The landlord should pay attention to the other party’s family, work background, clothing and manners before signing a contract, such as the number of tenants, their relationship with each other, whether they have pets, etc., just like employers hiring employees. If the other party is not right, there is no need to reluctantly. For the landlord, even if it is not for the “rental hegemon”, it is quite a headache to encounter “troubled tenants”. If prospective tenants are always picky and low prices when talking about rent, I am afraid that they will make more demands on the unit when renting in the future. They complain about the air-conditioning and hot water not enough, and the landlord will take a lot of private time to “take care”. If both parties feel good, the next step can be to discuss the rent and lease details, the process can be assisted by the property agent to communicate. ID cards and pay slips are not required. Before the landlord and the tenant formally sign a contract, in order to ensure the identity of the tenant and have real income, the other party is usually required to provide an ID card and pay slips. If you are worried that the tenant is in debt, you can ask the other party to provide a credit report. The credit record contains the tenant’s score, repayment record, and whether there is a lawsuit, etc. The credit record ranges from A (best) to J (worst). Grades G to H are poor, and grades I to J are near bankruptcy. If the tenant falls into these ratings, it means that the counterparty’s credit record is extremely poor, and the landlord should think twice about whether to lease to the other party. “Two mortgages and one up” means that when both parties sign a contract, the tenant has to pay the landlord two months’ rent as the “deposit” and one month’s rent as the “previous term”. If the monthly rent is 15,000 , The tenant will need to pay 30,000 (two mortgages) and 15,000 (one up), a total of 45,000. At the end of the lease, the tenant can restore the unit in accordance with the lease, and the landlord will return the two-month deposit. Even if the other party owes the rent or the unit is damaged, the landlord will have 3 months of rent to protect themselves. If the tenant pays in the form of a check with “two clicks and one up”, they must ensure that the key is not handed over after the official payment, so as to prevent the renter from writing a blank check and occupying the unit. There must be no individual landlord who is greedy for failing to stamp the lease, but if there is a rent tyrant, the landlord needs to sue the tenant, and the court will not accept a lease without a stamp. Therefore, to protect the rights and interests of both parties, a “Notice of New Lease or Renewal Agreement (Form CR109)” must be submitted to the Rating and Valuation Department within one month after signing the contract to stamp the lease agreement. The cost of printing is generally shared by the landlord and the rent, and the landlord can calculate the actual cost through the lease stamp tax calculator of the Inland Revenue Department. The leasing of residential properties involves many legal procedures and financial arrangements. It is recommended that novice owners may wish to entrust the help of a reputable licensed real estate agent to ensure the smooth progress of the leasing process. 📌 If you have any questions about the property market or mortgage, please leave a message below, or contact our online customer service for inquiries: ▄▄▄▄▄▄▄⭐️ Featured videos⭐️ ▄▄▄▄▄▄▄▄ 📺[Newbie Teaching]Purchase expenses other than the first phase! 📺【Novice Teaching】Master the basic building inspection skills in 3 minutes📺【Novice Teaching】7 Reasons to Borrow a Mortgage 📺【Novice Teaching】Housing Mortgage Crash Course! Go to the official website of ” HongKongFloorPlans”: Subscribe to ” HongKongFloorPlans” YouTube channel: Like ” HongKongFloorPlans” Facebook page: Follow ” HongKongFloorPlans” Instagram account: follow public account :Meilian_hk ( HongKongFloorPlans Hong Kong)


[Recommended by Agent Kevin]High-rise Unit B, Tower 01, San Tuen Mun Center | Hong Kong 香港

Summarize in english this content to 100 words KOL brings property viewing – Kevin Lung (S-602597) Property promotion: 🏠Unit B, high-rise building, Tower 01, New Tuen Mun Center (Property number: M300921608) Property address: No. 55-65, Lung Mun Road, Tuen Mun. Practical area: 462 feet. Spacing: 2 Unit facilities/features: Pet Paradise Property facilities: swimming pool, children's […]