Many people buy apartments in Basavanagudi, and give it to tenants for renting. However, there are a few important things that you need to be careful about before you rent your flat in Basavanagudi. You won’t want to rent away your flat to someone who is not reliable. That’s why it is necessary for you to get the verification of police done for all the tenants that you will be renting out your place to.
In India, renting out a place without proper police verification is a legal offence. If you don’t do that, then you are putting yourself in great danger and may end up paying hefty fine under section 188 of IPC. Even if you know your tenant and trust him or her completely, you still need to get them go through police verification.
According to Indian Government, police screening is mandatory. Tenants can either do it on their own, or can ask the landlords to help them with the same. Realty firms can also help you get your cop screening done. Apart from thus, a rental agreement is a must as well. Rental agreement must have both the names of the landlord and the tenant clearly mentioned with all the guidelines.
Cop screening is no rocket science. You can go to the nearest police station and tell them that you are here for a screening to rent an apartment. People who buy apartments for sale in South Bangalore and out it on rent, they are already aware about this policy.
No matter who you rent out your place, a police verification of the occupant will give you a peace of mind and will ensure that the occupant is fit to stay in your property.