It’s Not A Dream, Temporary Housing Is Real!

Temporary Housing or short-term rentals are the best possible option when you tend to travel a lot due to your work like business projects and so on. Everyone is talking about the short term rentals either renting out an apartment or taking an apartment on rent. Well, in either case, you need a temporary housing broker. Well, everyone must have encountered a lot of information on taking an apartment on rent, but in this article, we will talk about the renting out your apartment for a temporary period of time. You have reached the right place if you also want to rent out your apartment and want the procedure to go very smoothly. Follow the tips given below like:

Subletting of your apartment:

If you want to rent out your apartment, then consider checking with the property management first! It will be beneficial as you may find some useful reference to sublet in your own rental contract.

Rental Contract:

If you are renting your apartment even for one month or for a year, you should always draw up a written rental contract for temporary housing apartment. It is beneficial as it negates the scope of future misunderstandings and anything agreed will not be ever forgotten.

In the case of Temporary housing, a temporary rental contract will be used. This kind of contracts is used if the apartment is needed temporarily by the tenant. The personal details of both the parties (landlord and the tenant) should be noted in the rental contract.

Deposit and rent:

Deposit and Rent are considered very normal. Before going in for a temporary housing, a deposit has to be paid by the tenant to their landlord. The early payments are usually, made to the landlord at the time when the apartment is being handed over to the other party.

Handing over of a furnished apartment:

It is advisable to make a proper handover of the temporary housing apartment. There are some important key points that should be kept in mind in a Handover protocol like, the number of keys for the apartment, that are to be handed over or even the condition of the apartment. The meter should be read properly and noted safely.

In the case of furnished temporary housing apartments, it is always recommended to use an inventory list of the furnishing as this should also be gone through properly, during the handing over process. The protocol, as well as the inventory list, should be duly signed by both the parties, and each party will be taking their very copy with them. You can always get the apartment back in the same way and condition with the help of the above-mentioned documents.

 

 During the rental period:

Make sure to give all the contact details to your tenants in case of emergencies, after all, your tenant would know, who to call in situations like dripping water through your neighbor’s apartment, or so!

By following the above-mentioned points, both the parties and the broker will be comfortable in renting out the temporary housing. We hope that this article may prove to be helpful to you if you are also renting out your apartment for Chicago temporary housing.