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Do’s and Don’ts of Sharing a Rented House

Sharing A Rented House

by Saloni Bisht,

Everyone wants to live in the center of the city where all the buzz takes place. But unfortunately, these areas are unaffordable and making it impossible for the students and young professionals especially who move to the metro cities for higher studies or job purpose. Due to the high demand and seamless connectivity, these areas always have extremely high rental rates.  However, there is an alternate way to survive in the high rental scenario, and that is by opting for a share house otherwise known as rental places.

There is a new trend in Mumbai, Bangalore, Delhi, Hyderabad, and other metro cities where people live in a shared rented house or flat and two or more tenants (strangers/friends) and divide the rent among them. This way, it becomes easier to afford a living space of one’s own choice of location. These kind of shared arrangements are also lucrative for the owners/landlords, who get more rent income this way. Reduced expenditure is one of the major benefits of sharing the rented house, as nearly every expenditure is divided for example deposit, electricity bill, water bill, maid, cook, etc. In some scenarios,  tenants open a joint bank account, and everyone contributes their share on a monthly basis to meet all the expenses.

As fascinating and exciting as the idea of sharing a place sounds, there are a few dos and don’ts one should keep in mind before opting for this option. Living with a stranger is a big decision, and one should consider thinking of all the consequences before moving forward with it. To start with, one should make sure that he/she, right from the beginning, stay honest about who you are and always be vocal about the issues, no matter how small the problem is. Doing this will only help in the long run. Also, it is essential to set boundaries from day one and set clarities about each one’s responsibilities, when it comes to doing household tasks. And just as importantly, each other’s privacy should always be respected.

Apart from the personal rules and roommate relationship, there are fundamental legal norms that should be followed. At the time of rental agreement/lease, many landlords ask to mention all the names of the tenants in the contract. Whereas, there are a few who insists on it in one tenant’s name. But it is always advised to have all the roommate’s names mentioned in the lease. No roommate should be lorded over, as every tenant is equally responsible. At last, remember to read the full agreement or document before sighing it.

As discussed in the beginning the perks of living in a shared house, expenditures like Electricity, water and gas bills are to be equally divided between the roommates. This way the burden is distributed. In case the utility bill is higher than estimated then one should always check the appliances and their working condition and talk to the landlord if they are not.

Fundamentally, one should try not to break any roommate agreement norms and maintain a healthy relationship with all the flatmates. Naturally, some day or the other one might end up hurting other/s but there always ways to workout things instead of just giving a cold shoulder. Also, on the other hand, there is a huge possibility to make some lifelong friends and lots of laughs in the meanwhile.

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