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How To Make The Best Choices When It Comes To Student Rentals?

Posted on March 12, 2020March 20, 2024 by Jain Estates Oncor International

After high school, the most common and certainly valid choice for a student is to continue his studies by enrolling in the University that best introduces him to the world of work.

Very often the choice falls on a university far from home, as the most important, renowned and interesting universities are located in large urban centres. For a provincial boy, now is the time to leave home and start living with other peers in a new apartment near the university.

But it is clear that the main difficulty is finding an apartment that can best meet both its space requirements and financial resources. In any case, the important thing is to make informed decisions based on the information collected.

Knowing the rights and duties of the student who has to live away from home for several months is important for making informed decisions. When it comes to living in a new home, it is good to know all the costs to be incurred, all the advantages and qualities of the chosen apartment, all the clauses provided for in the contract.

In this way, there will be no surprises for both the tenant and the parents, in case they have to bear the child’s housing costs.

By relying on specialized agencies for rented property in Noida, you can be sure of complete and punctual service in selecting the apartments that best suit your specific needs.

By renting a house to students, you can ask for a higher rent

In principle, the prices for renting an apartment to families do not go beyond a certain level: whether it is the average income in free fall for years or other factors, the fact is that an average family cannot afford to pay a rental fee above a certain level.

If you rent a house to students, you can choose to lease each room at prices that oscillate around half the rent that a family is able to pay. So your apartment makes double. Or even triple, if you have an apartment with many rooms.

Lease contracts for students have a shorter duration

The minimum duration of a student lease is only 6 months, while the maximum duration is 36 months. This means that:

  • You can choose to enter into the contract for short periods
  • If you suddenly need your apartment, you won’t have to wait too long to use it

Furthermore, university students move house much more often than other tenants, so if you cannot establish a relationship of trust with one of your tenants, or even if the tenant is not punctual in payments, finding a new tenant does not pose particular problems.

Students are tenants with a very low risk of late payment

This is an obvious fact: generally, the rent for a rented property in Gurgaon to students is paid by the parents. So students present a very minimal risk of default. In fact, anyone who is unable to keep a student in another city simply does not get involved in a lease that he knows he cannot pay.

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