Every human being loves their house a lot. Whether it is small or big, rented or purchased, we value it as much as we value our family and friends. When someone decides to rent or purchase a property, they research a lot, discuss it with the property owners, and then finalize a property. This is a very traditional method that every property dealer follows.
Previously easier property selling or renting process has now become a bit difficult. The Times of India News states that the tenancy rules in Bangalore have changed a lot now. Due to continuous changing rules, conflicts may arise very often between tenants and owners. To avoid this, forming a healthy relationship between both parties is crucial.
This blog covers the importance of maintaining a healthy landlord-tenant relationship, complications that occur in this relationship, and some essential ways to build a healthy landlord-tenant relationship.
Why is it Crucial to Maintain a Healthy Landlord-Tenant Relationship?
Having a positive tenant-landlord relationship is important. Here is why-
-
To Build Trust and Mutual Respect:
Building a good relationship between the owner and the tenant is crucial to developing trust and mutual respect. By keeping every paperwork transparent, sharing any repair problems, and solving them mutually, strong trust and respect can be built.
-
For Communication and Transparency:
Having proper communication and transparency between both parties related to a property helps in building a positive relationship. They can have regular virtual or face-to-face meetings to keep the communication flowing.
-
Fostering Harmony between the Parties:
A good bond between landlord and tenant brings peace and harmony from both sides. Tenants can live peacefully in their rented properties, and the owner will also be relaxed and have peace of mind. Ultimately, both parties will be highly satisfied.
-
Reduce Misunderstandings and Conflicts:
Lots of misunderstandings and conflicts occur when 2 parties associated with a property don’t have a clear, healthy relationship. This makes both landlord and tenant suffer, both physically and mentally.
-
Avoid the Discomfort of Both Landlord and Tenant:
To avoid the discomfort of both the landlord and tenants, it is important to have a good relationship between the two. Discomfort makes parties ignore each other’s needs, and this sometimes leads to landlords losing their valued tenants.
Complications Occurring in a Landlord-Tenant Relationship
Some of the common complications that occur between a landlord and a tenant are-
-
Complicated Lease Agreements:
Lease agreements are very complicated for both the landlord and the tenants to understand. Without a well-defined lease agreement, this may cause misunderstandings between them, as tenants may sometimes get confused about what the owners expect from them.
-
Not Paying the Rent on Time:
Tenants may sometimes have difficulty in paying the rent on time. If they don’t get understanding and cooperative landlords, then this may cause them huge trouble. However, if the landlords are understanding and share healthy relationships with the tenants, then this will reduce their stress and worry.
-
Issues in Finalizing Security Deposit:
It may happen sometimes that the tenants may have some financial problems and be unable to pay the rent on time. In such a situation, owners should show some understanding and decide a further date for rent payment.
This way, both the tenant and the owner will be satisfied with the outcome and don’t have to compromise from their side. Also, this improves mutual understanding and respect. The same can be done mutually in the case of security deposit. A particular amount can be decided according to the convenience of both parties.
-
No Transparency in Communication:
Showing transparency about the property that owners want to rent is important. Owners should not hide any problem of the house from the prospective tenants. If tenants experience lack of transparency right from the beginning, then forming a good relationship becomes next to impossible.
-
Tenants Performing Illegal Activities:
If tenants are conducting illegal activities in the rented property without the consent of the owner, then this disturbs the bond between both sides. This negatively impacts the owner’s mind, and they may try to end this relationship as soon as possible.
Essential Ways to Build a Healthy Landlord-Tenant Relationship
To build a good landlord-tenant relationship, the following ways should be considered:
-
Decide a Fixed Date to Pay Monthly Rent:
Decide one date of the month suitable for both parties to pay the rent. This way, both the owner and the tenant will be clear about the rent status. Preventing any type of conflict and improving the mutual relationship will then be easier on both sides.
-
Communicate Your Issues with the Landlord:
As a tenant, if you have any issues regarding the deposit, rent, or even the overall property condition, then communicate with the landlord openly. This will help both of you come to a common solution and build a healthy relationship based on communication.
-
Have a Detailed Background Check of Tenants:
Before renting out the property, owners should thoroughly check the tenants’ background. This way, they can trace out any unusual thing about them beforehand and avoid future trouble. Also, being 100% sure about the background and nature of the tenants will give the renters confidence.
-
Don’t Interrupt Tenant Privacy:
Understanding and respecting the privacy of tenants is a very important rule that every landlord should follow. This way, maintaining mutual respect and building a healthy relationship becomes easier.
-
Take Good Care of the Property:
Tenants are responsible for keeping the rented properties in good condition and not causing any permanent damage to them. This should be properly followed by the tenants so that they don’t cause trouble to their landlords.
-
Keep the Documents Clear and Simple:
Keep all the personal and property documents clear from both sides. This will help both parties in building trust. Ultimately, this will form a healthy relationship between both the landlord and the tenants.
Conclusion
A good landlord-tenant relationship can be built if both sides are doing their best. Improving your relationship by taking one step at a time is important. In today’s scenario, hiring property managers can be a very efficient first step. There are numerous Bangalore Rental Property Management service-providers which can be very helpful. With their help, people can find reliable property managers to make their property renting process easier.